Plains All American (PAA): Q4 Earnings Miss Estimates by 6 Cents per Share

Plains All American Pipeline L.P. (PAA) reported fourth-quarter net income of $342 million, or 41 cents per share, reflecting adjusted net income of 40 cents per share. Revenue totaled $10.57 billion for the quarter. Results trailed the average analyst estimate of 47 cents per share, according to three analysts surveyed by Zacks Investment Research. For the full year, the company recorded profit of $1.44 billion, or $1.66 per share, on revenue of $44.26 billion.