Preview: Plains GP Holdings's Earnings
Portfolio Pulse from Benzinga Insights
Plains GP Holdings (NASDAQ:PAGP) is scheduled to release its quarterly earnings report on February 9, 2024. Analysts predict an EPS of $0.35. The company's past earnings performance shows mixed results with both misses and beats in previous quarters. Shares are currently trading at $16.06, reflecting a 20.7% increase over the last year. Investors are keenly awaiting the report, especially the company's guidance for future growth.
February 08, 2024 | 3:00 pm
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NEUTRAL IMPACT
Plains GP Holdings is expected to report an EPS of $0.35 for the upcoming quarter. Historical performance shows variability in meeting EPS estimates, which has led to varied stock price reactions. The stock has seen a 20.7% increase over the past year, indicating a positive trend.
Given the mixed historical earnings performance and the current positive trend in stock price, the short-term impact of the earnings report on PAGP's stock price is uncertain. However, the anticipation of future guidance and how it compares to analyst expectations could sway the stock price in either direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100