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Marathon Petroleum: Q1 Earnings Snapshot
By Ap News - Apr 30, 2024, 06:57 AM ET
Last Updated - Apr 30, 2024, 06:57 AM EDT
FINDLAY, Ohio (AP) — FINDLAY, Ohio (AP) — Marathon Petroleum Corp. (MPC) on Tuesday reported first-quarter earnings of $937 million.
On a per-share basis, the Findlay, Ohio-based company said it had profit of $2.58. Earnings, adjusted for non-recurring costs, were $2.78 per share.
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The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.53 per share.
The refiner posted revenue of $33.21 billion in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MPC at https://www.zacks.com/ap/MPC
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