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Marathon Petroleum earnings beat by $0.83, revenue topped estimates

investing.com 05/11/2024 - 11:46 AM

Marathon Petroleum Reports Third Quarter Earnings

Investing.com – Marathon Petroleum (NYSE: MPC) reported a third-quarter EPS of $1.87, exceeding the analyst estimate of $1.04 by $0.83. Revenue for the quarter was $35.37B, compared to the consensus estimate of $34.34B.

Marathon Petroleum's stock price closed at $144.94. The stock has decreased by 16.77% in the last 3 months and by 3.32% over the last 12 months.

In the last 90 days, Marathon Petroleum recorded 1 positive EPS revision and 13 negative EPS revisions. To see the stock price's past reactions to earnings, click here.

According to InvestingPro, Marathon Petroleum's Financial Health score is categorized as "good performance".

Stay updated on upcoming earnings reports by visiting Investing.com's earnings calendar.




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