Plains GP Holdings: Q1 Earnings Insights

Plains GP Holdings PAGP reported its Q1 earnings results on Friday, May 5, 2023 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Plains GP Holdings missed estimated earnings by 38.81%, reporting an EPS of $0.41 versus an estimate of $0.67.

Revenue was down $1.35 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.38 which was followed by a 1.14% drop in the share price the next day.

Here's a look at Plains GP Holdings's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.61 0.46 0.47 0.48
EPS Actual 0.23 0.36 0.30 0.31
Revenue Estimate 15.28B 16.78B 12.78B 12.04B
Revenue Actual 12.95B 14.34B 16.36B 13.69B

To track all earnings releases for Plains GP Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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PAGPPlains GP Holdings LP
$18.18-1.28%

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