On October 7, 2015, Plains All American Pipeline (PAA) declared a 0.7% quarter-over-quarter rise in distributions to $0.70 per unit. It was the 25th consecutive quarterly rise.
Plains All American’s Facilities segment is expected to have lower volumes in 3Q15 compared to 2Q15 due to lower-than-expected rail volumes, which likely resulted in lower EBITDA estimates.
PAA’s Transportation segment primarily earns fee-based revenues on the volume of crude oil and NGLs it transports. Its operations are thus not directly impacted by changes in commodity prices.
Analysts expect Plains All American Pipeline’s 3Q15 EBITDA to be 0.9% lower than its 3Q14 EBITDA. The expectation is, however, 55.7% higher than its 2Q15 EBITDA.
The consensus revenue estimate for Plains All American Pipeline (PAA) for the third quarter of 2015 is $7.1 billion. PAA missed revenue estimates by 11% in the second quarter of 2015.
Plains All American Pipeline (PAA) is expected to report its third-quarter earnings on November 3, 2015. PAA has generated a total return of -34.4% since the start of this year, which is lower than its peers.
Alaska Air Group’s value is at 5.29x. This is higher than its forward EV/EBITDA average of 3.21. Analysts may be estimating higher growth in the next four quarters.
Alaska Air Group expects its capacity to grow between 10,325 and 10,375 million for the third quarter. This 8% YoY (year-over-year) capacity growth.
Alaska Air Group is expected to see better traffic demand in the coming quarter as the airline prepares itself for the upcoming holiday season.
Alaska Air Group successfully added capacity to its new routes and key areas. Investors can expect the trend to continue while the fuel costs remain low.
Alaska Air Group is expected to announce its 3Q15 earnings numbers on October 22, 2015. The airline’s stock was among the best gainers in the industry.
VF Corporation’s company guidance has indicated earnings per share growth of 15% year-over-year to $3.22 in 2015 overall.
VF Corporation saw sales of $2.5 billion in 2Q15, up 4.7% year-over-year. Its performance was boosted by top brands The North Face, Timberland, and Vans.
Apparel company and dividend aristocrat VF Corporation (VFC) is slated to declare its 3Q15 financial earnings results on October 23, 2015.
Amazon Web Services (or AWS), the cloud services arm of Amazon (AMZN), is the key business segment to watch in 3Q15. It contributed $391 million, or 57%, to Amazon’s $684 million operating profit in 2Q15.
Amazon (AMZN), the online retailer and e-commerce giant, is scheduled to release its third quarter earnings results on Thursday, October 22. Will it surprise investors again and beat the estimates?
Google’s (GOOG) stock rose by 20% after the release of its 2Q15 earnings. Also, Ruth Porat debuted as Google’s first female CFO in 2Q15.
Alphabet (GOOGL), the parent company of Google (GOOG), is scheduled to announce the third quarter earnings of 2015 on October 22.
At the beginning of 3Q15, B&G Foods acquired Spartan Foods of America, including the Mama Mary’s brand, from Linsalata Capital Partners and other sellers for ~$50 million in cash.
This year, analysts following B&G Foods are forecasting an earnings increase of 3.5% over last year’s earnings. Analysts expect next year’s earnings to grow 4.7% over this year’s forecasted earnings.