Plains GP Holdings LP expected to post earnings of 46cents a share - Earnings Preview

Plains GP Holdings LP

01/11/2022 02:02

* Plains GP Holdings LP  PAGP.OQ   PAGP.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
2. 
    * The Houston Texas-based  company is expected to report  a
55.7% increase in revenue to $16.779 billion from $10.78 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 46 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 3
"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 $15​, above​ its last closing price of $12.54.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.52        0.54       0.30      Missed  -44.1
 Mar. 31 2022  0.59        0.48       1.11      Beat    129.3
 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.        0.19        0.20       -0.35     Missed  -274.3
 30 2021                                                
 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
 This summary was machine generated November 1 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated