Zynga (NASDAQ: ZNGA) hasn't been a particularly great performer of late. Zynga is now calling for a Q3 adjusted EBITDA of only $150 million and a net loss of $110 million, which suggests that its casual video gaming business is contracting rather than expanding. It's arguable that investors have overreacted to that premise though, driving Zynga shares well below where they should be.
The favorable macro environment has helped midstream energy operators like MPLX, PAA, and MMP to generate significant "excess cash", which they have been using to increase stockholder returns through buybacks..
Plains All American (PAA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.