Plains GP Holdings LP expected to post earnings of 29 cents a share - Earnings Preview

Plains GP Holdings LP

31/07/2024 16:18

* Plains GP Holdings LP  PAGP.OQ   PAGP.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 2
for the period ending June 30 2024
    * The Houston Texas-based  company is expected to report a
7.0% increase in revenue to $12.409 billion from $11.6 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Plains GP Holdings LP is
for
earnings of 29 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and 2 "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 $21.00​, above​ its last closing price of $19.52.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.31        0.28       0.21      Missed  -25.7
 Dec. 31 2024  0.37        0.31       0.27      Missed  -13.8
 Sep. 30 2023  0.25        0.24       0.15      Missed  -36.3​
 Jun. 30 2023  0.20        0.19       0.90      Beat    373.1
 ​​Mar.        0.58        0.56       1.46      Beat    158.6
 31 2023                                                
 Dec. 31 2022  0.23        0.66       0.33      Missed  -50.1​
 Sep. 30 2022  0.22        0.41       0.33      Missed  -19.8
 Jan. 1 0001   0.52        0.37       0.30      Missed  -18.5
 This summary was machine generated July 31 at 15:18 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)