Recap: Plains All American Q1 Earnings

Plains All American PAA 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 All American beat estimated earnings by 13.89%, reporting an EPS of $0.41 versus an estimate of $0.36.

Revenue was down $1.35 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 1.57% drop in the share price the next day.

Here's a look at Plains All American's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.35 0.26 0.18 0.32
EPS Actual 0.33 0.33 0.30 0.31
Revenue Estimate 14.94B 16.37B 13.28B 11.77B
Revenue Actual 12.95B 14.34B 16.36B 13.69B

To track all earnings releases for Plains All American visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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