Plains All American Pipeline LP expected to post earnings of 31 cents a share - Earnings Preview

Reuters11-06
Plains All American Pipeline LP <paa.oq> expected to post earnings of 31 cents a share - Earnings Preview </paa.oq>
  • Plains All American Pipeline LP PAA.OQ PAA.O is expected to show a rise in quarterly revenue when it reports results on November 8 for the period ending September 30 2024

  • The Houston Texas-based company is expected to report a 8.4% increase in revenue to $13.087 billion from $12.07 billion a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Plains All American Pipeline LP is for earnings of 31 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 8 "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 All American Pipeline LP is $19.65​, above​ its last closing price of $16.92. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

0.35

0.31

0.31

Met

-0.7

Mar. 31 2024

0.40

0.39

0.41

Beat

5.5

Dec. 31 2023

0.37

0.37

0.42

Beat

13.9​

Jan. 1 0001

0.26

0.26

0.35

Beat

34.9

​​Jun. 30 2023

0.24

0.24

0.25

Beat

3.1

Mar. 31 2023

0.35

0.36

0.41

Beat

15.3​

Dec. 31 2022

0.32

0.34

0.33

Missed

-3.3

Jan. 1 0001

0.27

0.26

0.33

Beat

25.7

This summary was machine generated November 6 at 14:13 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)

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