Plains All American Pipeline LP (PAA) Q4 2024 Earnings Report Preview: What To Expect

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Feb 06, 2025
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Plains All American Pipeline LP (PAA, Financial) is set to release its Q4 2024 earnings on Feb 7, 2025. The consensus estimate for Q4 2024 revenue is $13.74 billion, and the earnings are expected to come in at $0.48 per share. The full year 2024's revenue is expected to be $51.35 billion, and the earnings are expected to be $1.42 per share. More detailed estimate data can be found on the Forecast page.

Plains All American Pipeline LP (PAA, Financial) Estimates Trends

Revenue estimates for Plains All American Pipeline LP (PAA) have declined from $51.77 billion to $51.35 billion for the full year 2024, and increased from $54.02 billion to $54.53 billion for 2025 over the past 90 days. Earnings estimates for Plains All American Pipeline LP (PAA) have declined from $1.45 per share to $1.42 per share for the full year 2024, and increased from $1.60 per share to $1.77 per share for 2025 over the past 90 days.

Plains All American Pipeline LP (PAA, Financial) Reported History

In the previous quarter ending on 2024-09-30, Plains All American Pipeline LP's (PAA) actual revenue was $12.74 billion, which missed analysts' revenue expectations of $13.09 billion by -2.63%. Plains All American Pipeline LP's (PAA) actual earnings were $0.22 per share, which missed analysts' earnings expectations of $0.38 per share by -40.90%. After releasing the results, Plains All American Pipeline LP (PAA) was down by -2.81% in one day.

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Plains All American Pipeline LP (PAA, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 18 analysts, the average target price for Plains All American Pipeline LP (PAA) is $21.71, with a high estimate of $25.00 and a low estimate of $18.50. The average target implies an upside of 6.98% from the current price of $20.29.

Based on GuruFocus estimates, the estimated GF Value for Plains All American Pipeline LP (PAA, Financial) in one year is $14.74, suggesting a downside of -27.35% from the current price of $20.29.

Based on the consensus recommendation from 20 brokerage firms, Plains All American Pipeline LP's (PAA, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.