Core Viewpoint - The market anticipates a year-over-year decline in Pembina Pipeline's earnings despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Pembina Pipeline is expected to report earnings of $0.47 per share, reflecting a year-over-year decrease of 14.6%, while revenues are projected to be $1.64 billion, an increase of 21% from the previous year [3]. - The earnings report is scheduled for August 7, and better-than-expected results could lead to a stock price increase, whereas disappointing results may cause a decline [2]. Estimate Revisions - The consensus EPS estimate has been revised down by 1.44% over the last 30 days, indicating a reassessment by analysts [4]. - Pembina Pipeline's Earnings ESP is currently 0%, suggesting no recent differing analyst views from the consensus estimate [12]. Historical Performance - In the last reported quarter, Pembina Pipeline was expected to post earnings of $0.57 per share but delivered $0.56, resulting in a surprise of -1.75% [13]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [14]. Industry Comparison - In the same industry, Williams Companies is expected to report earnings of $0.49 per share, a year-over-year increase of 14%, with revenues projected at $3.06 billion, up 30.9% from the previous year [18][19]. - Williams Companies has a positive Earnings ESP of +0.15% and has consistently beaten consensus EPS estimates in the last four quarters [20].
Earnings Preview: Pembina Pipeline (PBA) Q2 Earnings Expected to Decline