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Marathon Petroleum: Q2 Earnings Snapshot
By AP News - Aug 01, 2023, 06:54 AM ET
Last Updated - Aug 01, 2023, 06:54 AM EDT
FINDLAY, Ohio (AP) — FINDLAY, Ohio (AP) — Marathon Petroleum Corp. (MPC) on Tuesday reported second-quarter net income of $2.23 billion.
The Findlay, Ohio-based company said it had profit of $5.32 per share.
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The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.55 per share.
The refiner posted revenue of $36.82 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $31.02 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a MPC">Zacks stock report on MPC at https://www.zacks.com/ap/MPC
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