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

Plains GP Holdings LP

31/07/2023 23:52

* Plains GP Holdings LP  PAGP.OQ   PAGP.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 2. 
    * The Houston Texas-based  company is expected to report  a
21.9% decrease in revenue to $12.777 billion from $16.36 billion
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Plains GP Holdings
LP is
for earnings of 21 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 16.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Plains GP
Holdings LP is $17​, above​ its last closing price of $15.69.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.58        0.56       1.46      Beat    158.6
 Dec. 31 2023  0.23        0.35       0.33      Missed  -6.2
 Sep. 30 2022  0.22        0.39       0.33      Missed  -15.4​
 Jun. 30 2022  0.52        0.41       0.30      Missed  -25.9
 ​​Mar.        0.59        0.48       1.11      Beat    129.3
 31 2022                                                
 Dec. 31 2021  0.21        0.22       0.43      Beat    93.7​
 Sep. 30 2021  0.19        0.20       -0.12     Missed  -159.8
 Jun. 30 2021  0.19        0.20       -0.35     Missed  -274.3
 This summary was machine generated July 31 at 22:52 GMT.  All
figures in US dollars  unless otherwise stated