Plains GP Holdings (NASDAQ:PAGP) reported its Q1 earnings results on Friday, May 5, 2023 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Plains GP Holdings missed estimated earnings by 38.81%, reporting an EPS of $0.41 versus an estimate of $0.67.
Revenue was down $1.35 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.38 which was followed by a 1.14% drop in the share price the next day.
Here’s a look at Plains GP Holdings’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.61 | 0.46 | 0.47 | 0.48 |
| EPS Actual | 0.23 | 0.36 | 0.30 | 0.31 |
| Revenue Estimate | 15.28B | 16.78B | 12.78B | 12.04B |
| Revenue Actual | 12.95B | 14.34B | 16.36B | 13.69B |
To track all earnings releases for Plains GP Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
