Pembina Pipeline Q1 EPS $0.54 Beats $0.53 Estimate, Sales $1.14B Miss $1.86B Estimate
Portfolio Pulse from Benzinga Newsdesk
Pembina Pipeline (NYSE:PBA) reported Q1 earnings of $0.54 per share, surpassing the $0.53 estimate, marking a 20% increase from last year. However, their sales of $1.14B fell short of the $1.86B estimate, a 31.58% decrease from the previous year.

May 09, 2024 | 9:13 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Pembina Pipeline reported higher-than-expected Q1 earnings but missed revenue estimates significantly.
While the earnings per share (EPS) beat may provide a short-term positive sentiment, the significant miss on revenue estimates could raise concerns about the company's growth and operational efficiency. The mixed results present a neutral outlook as investors weigh the positive earnings surprise against the negative sales performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100