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Stock impact report

Marathon Petroleum Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]

Marathon Petroleum Corporation (MPC) 
Last marathon petroleum corporation earnings: 1/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.marathonpetroleum.com
Company Research Source: Yahoo! Finance
Profit margin: 1.8% (down from 7.9% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$1.88 (down from US$8.32 in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 46%. Looking ahead, revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 2.9%. Performance of the American Oil and Gas industry. The company's shares are up 2.9% from a week ago. You should always think about risks. Case in point, we've spotted 3 warning signs for Marathon Petroleum you should be aware of, and 1 of them can't be ignored. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We Show less Read more
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