Plains GP Holdings LP expected to post earnings of 35 cents a share - Earnings Preview

Plains GP Holdings LP

07/02/2024 14:37

* Plains GP Holdings LP  PAGP.OQ   PAGP.O  is expected
to show a
fall in quarterly revenue when it reports  results on February 9
for the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
8.1% decrease in revenue to $11.906 billion from $12.95 billion
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Plains GP Holdings LP is
for
earnings of 35 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 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 $18.00​, above​ its last closing price of $15.95.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.25        0.27       0.20      Missed  -25.3
 Jun. 30 2023  0.20        0.19       0.90      Beat    373.1
 Mar. 31 2023  0.58        0.56       1.46      Beat    158.6​
 Dec. 31 2022  0.23        0.66       0.33      Missed  -50.1
 ​​Sep.        0.22        0.41       0.33      Missed  -19.8
 30 2022                                                
 Jun. 30 2022  0.52        0.37       0.30      Missed  -18.5​
 Mar. 31 2022  0.59        0.48       1.11      Beat    129.3
 Dec. 31 2021  0.21        0.22       0.43      Beat    93.7
 This summary was machine generated February 7 at 14:37 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)