Marathon Petroleum Surpasses Expectations with $0.83 Earnings and Robust Profit
According to Marathon Petroleum's (NYSE: MPC) report, the earnings per share for the third quarter was $1.87, which is $0.83 better than analysts' expectations of $1.04. The reported revenue for this quarter was $35.37 billion, compared to analyst estimates of $34.34 billion.
Marathon Petroleum's stock closed the day at $144.94. This level indicates that the company has lost 16.77% in value over the past three months. It shows a decline of 3.32% in value over the last 12 months. In the last 90 days, Marathon Petroleum saw 1 positive earnings per share while reporting 13 negative earnings per share.
Explore how Marathon Petroleum's stock price reacted to past earnings reports. According to InvestingPro, Marathon Petroleum's financial health score is "Quite Good." Review the latest earnings reports and all financial information regarding Marathon Petroleum here. Stay updated on all developments related to balance sheets by visiting the Investing.com Earnings Calendar.