Plains GP Holdings LP expected to post earnings of 67  cents a share - Earnings Preview

Plains GP Holdings LP

02/05/2023 03:06

* Plains GP Holdings LP  PAGP.OQ   PAGP.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 3. 
    * The Houston Texas-based  company is expected to report  a
6.2% decrease in revenue to $12.842 billion from $13.69 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 67 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 42.1%
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 $13.41.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.59        0.48       1.11      Beat    129.3
 ​​Dec.        0.21        0.22       0.43      Beat    93.7
 31 2021                                                
 Sep. 30 2021  0.19        0.20       -0.12     Missed  -159.8
                                                        ​
 Jun. 30 2021  0.19        0.20       -0.35     Missed  -274.3
 Mar. 31 2021  0.20        0.21       0.36      Beat    75
 This summary was machine generated May 2 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated