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

Reuters
2024-11-06
Plains GP Holdings LP <pagp.oq> expected to post earnings of 29 cents a share - Earnings Preview </pagp.oq>
  • Plains GP Holdings LP PAGP.OQ PAGP.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 8.6% increase in revenue to $13.108 billion from $12.07 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 6 "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 $21.00​, above​ its last closing price of $17.90. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

0.26

0.29

0.20

Missed

-30.4

Mar. 31 2024

0.31

0.28

0.21

Missed

-25.7

Dec. 31 2023

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. 31 2023

0.58

0.56

1.46

Beat

158.6​

Dec. 31 2022

0.23

0.66

0.33

Missed

-50.1

Sep. 30 2022

0.22

0.41

0.33

Missed

-19.8

This summary was machine generated November 6 at 14:08 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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