Plains All American Q4 Adj. EPS $0.42 Beats $0.36 Estimate, Sales $12.70B Beat $12.64B Estimate
Portfolio Pulse from Benzinga Newsdesk
Plains All American (NASDAQ:PAA) reported Q4 adjusted earnings of $0.42 per share, surpassing the $0.36 estimate, marking a 27.27% increase from last year. Sales reached $12.70B, slightly above the $12.64B estimate but down 1.96% from the previous year.
February 09, 2024 | 12:35 pm
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Plains All American reported a strong Q4 with adjusted EPS of $0.42, beating estimates, and sales of $12.70B, slightly above expectations but showing a slight decline from last year.
The positive earnings and sales beat indicate strong performance and operational efficiency, likely leading to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100