Plains All American (PAA) Q2 Earnings Lag Estimates, Sales Beat

Plains All American Pipeline, L.P. (PAA) reported second-quarter 2024 adjusted earnings of 31 cents per unit, which missed the Zacks Consensus Estimate of 33 cents by 6.1%. However, the bottom line improved 24% from 25 cents in the year-ago quarter. The company reported GAAP earnings of 26 cents per unit compared with 32 cents in the year-ago period. Total Revenues Net sales of $12.93 billion beat the Zacks Consensus Estimate of $12.91 billion by 0.2%. The top line also increased 11.5% from the year-ago qua ...