Plains All American Pipeline LP reports results for the quarter ended in March - Earnings Summary

Plains All American Pipeline LP

05/05/2023 14:32

* Plains All American Pipeline LP  PAA.OQ  reported
quarterly
adjusted earnings of 41 cents​​ per share for the quarter ended
in March. The mean expectation of fifteen analysts for the
quarter was for earnings of 36 cents per share.
    * Revenue fell 9.9% to $12.34 billion from a year ago;
analysts
expected $15.34 billion. 
    * Plains All American Pipeline LP's reported EPS for the
quarter
was 52 cents​.
    * The mean earnings estimate of analysts had risen by
about 4% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Plains All American Pipeline LP shares had fallen by 1.6%
this
quarter and gained 4.3% so far this year.
    * The company reported quarterly net income of $361 million.
    * Wall Street's median 12-month price target for Plains All
American Pipeline LP is $15.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.36           0.41           Beat
 Dec. 31 2022      0.34           0.33           Missed
 Sep. 30 2022      0.26           0.33           Beat
 Jun. 30 2022      0.20           0.30           Beat