Pembina Pipeline (PBA) Lags Q3 Earnings and Revenue Estimates

Pembina Pipeline reported quarterly earnings of $0.31 per share for the quarter ended September 2025, missing the Zacks Consensus Estimate of $0.45 per share and representing a decline from $0.44 per share in the same period a year ago, with figures adjusted for non-recurring items.

The earnings surprise was -31.11%, and in the previous quarter, the company met expectations with earnings of $0.47 per share. Over the last four quarters, Pembina Pipeline has surpassed consensus EPS estimates only once.

Revenues for the quarter were $1.3 billion, falling short of the Zacks Consensus Estimate by 1.95% and decreasing from $1.35 billion a year ago, with the company failing to beat revenue estimates in any of the last four quarters.

Pembina Pipeline's stock has increased by about 2.3% since the start of the year, underperforming compared to the S&P 500's gain of 15.6%. The sustainability of this price movement will depend on management's commentary during the earnings call and future earnings expectations.

The company's earnings outlook is key for investors, with empirical research linking stock movements to earnings estimate revisions. Pembina Pipeline currently holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market, and the consensus EPS estimate for the coming quarter is $0.55 on revenues of $1.12 billion, while for the current fiscal year, it is $2.17 on revenues of $5.78 billion.

The industry context shows that Oil and Gas - Production and Pipelines ranks in the top 34% of Zacks industries, which tend to outperform. Another company in the same industry, Enbridge, is expected to report quarterly earnings of $0.39 per share with revenues of $10.86 billion for the quarter ended September 2025, reflecting a year-over-year decline and a recent downward revision in estimates.