Plains GP Holdings LP expected to post earnings of 20 cents a share - Earnings Preview

Plains GP Holdings LP

31/07/2021 01:23

* Plains GP Holdings LP  PAGP.OQ   PAGP.O  is expected to show a
rise in quarterly revenue when it reports results on August 3. 
* The Houston, Texas-based company is expected to report   a
112.3% increase in revenue to $6.845 billion from $3.23 billion
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Plains GP Holdings LP
is for earnings of 20 cents per share. For the same quarter last
year, the company reported earnings of 9 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Plains GP
Holdings LP is $13​, about 19.3% above​ its last closing price
of $10.49. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.20        0.21       0.36      Beat    75
 Dec. 31 2020  0.31        0.31       -0.11     Missed  -135.7
 Sep. 30 2020  0.23        0.25       0.09      Missed  -64.4​
 Jun. 30 2020  0.24        0.22       0.09      Missed  -59.9
 Mar.          0.35​       0.38       -3.18     Missed  -942.4
 31​ 2020​                                              ​
 Dec. 31 2019  0.46        0.49       0.35      Missed  -28.8​
 Sep. 30 2019  0.31        0.31       0.41      Beat    30.2
 Jun. 30 2019  0.32        0.29       0.40      Beat    37.2
 This summary was machine generated July 31 at 00:23 GMT.  All
figures in US dollars unless otherwise stated