Plains GP Holdings Earnings Preview

Plains GP Holdings PAGP will release its quarterly earnings report on Friday, 2024-11-08. Here’s a brief overview for investors ahead of the announcement.

Analysts anticipate Plains GP Holdings to report an earnings per share (EPS) of $0.31.

Plains GP Holdings bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

During the last quarter, the company reported an EPS missed by $0.09, leading to a 0.0% drop in the share price on the subsequent day.

Here’s a look at Plains GP Holdings’s past performance and the resulting price change:

Tracking Plains GP Holdings’s Stock Performance

Shares of Plains GP Holdings were trading at $18.35 as of November 05. Over the last 52-week period, shares are up 16.51%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Plains GP Holdings visit their earnings calendar on our site.

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