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Pembina Pipeline: 1Q Earnings Snapshot

CALGARY, Alberta (AP) _ Pembina Pipeline Corp. (PBA) on Thursday reported first-quarter profit of $235.4 million.

On a per-share basis, the Calgary, Alberta-based company said it had profit of 41 cents.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.

The oil and gas transportation and services company posted revenue of $1.48 billion in the period.

Pembina Pipeline shares have increased 18% since the beginning of the year. The stock has climbed roughly 10% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBA at https://www.zacks.com/ap/PBA