Plains GP Holdings LP expected to post earnings of 21  cents a share - Earnings Preview

Plains GP Holdings LP

01/05/2021 03:01

* Plains GP Holdings LP  PAGP.OQ   PAGP.O  is expected to show
a fall in quarterly revenue when it reports results on May 4.
* The Houston, Texas-based company is expected to report  a
16.6% decrease in revenue to $6.897 billion from $8.27 billion a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Plains GP Holdings LP
is for earnings of 21 cents per share. For the same quarter last
year, the company reported a loss of $3.18 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by about 6.5%
in the last three months.​
* Wall Street's median 12-month price target for Plains GP
Holdings LP is $11​, about 14.7% above​ its last closing price
of $9.38. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.35        0.38       -3.18     Missed  -942.4
 Dec.          0.46​       0.49       0.35      Missed  -28.8​
 31​ 2019​                                              
 Sep. 30 2019  0.31        0.31       0.41      Beat    30.2​
 Jun. 30 2019  0.32        0.29       0.40      Beat    37.2
 Mar. 31 2019  0.78        0.71       0.92      Beat    28.8
 This summary was machine generated May 1 at 02:01 GMT.  All
figures in US dollars unless otherwise stated