Benzinga | Aug 4, 2020 05:00PM EDT

Plains GP Holdings Q2 EPS $0.09 Misses $0.26 Estimate, Sales $3.23B Miss $7.90B Estimate

Plains GP Holdings (NYSE:PAGP) reported quarterly earnings of $0.09 per share which missed the analyst consensus estimate of $0.26 by 65.38 percent. This is a 77.5 percent decrease over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $3.23 billion which missed the analyst consensus estimate of $7.90 billion by 59.18 percent. This is a 60.92 percent decrease over sales of $8.25 billion the same period last year.