Plains All American (PAA) Q4 Earnings & Sales Beat Estimates
Zacks Investment Research | Feb 04, 2020 08:18PM ET
Plains All American Pipeline, L.P. (NYSE:PAA) reported fourth-quarter 2019 adjusted earnings of 63 cents per unit, beating the Zacks Consensus Estimate of 49 cents by 28.6%. However, the bottom line was down 21% from the year-ago quarter.
In the quarter under review, the partnership reported GAAP earnings of 35 cents per unit, down from the year-ago figure of $1.38 by 75%.
Total Revenues
Total revenues in the fourth quarter amounted to $9,154 million, surpassing the Zacks Consensus Estimate of $8,321 million by 10%. Revenues also improved 4.2% from $8,786 million reported in the year-ago quarter.
Plains All American Pipeline, L.P. Price, Consensus and EPS Surprise
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Recent Releases
National Fuel Gas Company (NYSE:NFG) posted first-quarter fiscal 2020 operating earnings of $1.01 per share, beating the Zacks Consensus Estimate of 95 cents by 6.3%.
Atmos Energy Corporation (NYSE:ATO) posted first-quarter fiscal 2020 earnings of $1.47 per share, which lagged the Zacks Consensus Estimate of $1.49 by 1.3%.
MDU Resources Group Inc. (NYSE:MDU) reported fourth-quarter 2019 earnings of 47 cents per share, which improved from the year-ago figure by 20.5%.
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