Plains All American (NASDAQ:PAA) is gearing up to announce its quarterly earnings on Friday, 2024-11-08. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Plains All American will report an earnings per share (EPS) of $0.30.
Anticipation surrounds Plains All American's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
The company's EPS missed by $0.00 in the last quarter, leading to a 0.0% drop in the share price on the following day.
Here's a look at Plains All American's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.31 | 0.38 | 0.36 | 0.26 |
| EPS Actual | 0.31 | 0.41 | 0.42 | 0.35 |
| Price Change % | -3.0% | 2.0% | 0.0% | -0.0% |
Plains All American Share Price Analysis
Shares of Plains All American were trading at $17.43 as of November 05. Over the last 52-week period, shares are up 14.3%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Plains All American visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
