Marathon Petroleum Corporation Aktie
WKN DE: A1JEXK / ISIN: US56585A1025
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31.01.2023 12:50:12
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Marathon Petroleum Corporation Q4 Profit Increases, beats estimates
(RTTNews) - Marathon Petroleum Corporation (MPC) reported earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $3.32 billion, or $7.09 per share. This compares with $0.77 billion, or $1.27 per share, in last year's fourth quarter.
Excluding items, Marathon Petroleum Corporation reported adjusted earnings of $3.11 billion or $6.65 per share for the period.
Analysts on average had expected the company to earn $5.67 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 12.6% to $40.09 billion from $35.61 billion last year.
Marathon Petroleum Corporation earnings at a glance (GAAP) :
-Earnings (Q4): $3.32 Bln. vs. $0.77 Bln. last year. -EPS (Q4): $7.09 vs. $1.27 last year. -Analyst Estimate: $5.67 -Revenue (Q4): $40.09 Bln vs. $35.61 Bln last year.
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| Marathon Petroleum Corporation | 140,18 | -0,96% |
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