Marathon Petroleum Corporation (NYSE: MPC) has announced that it will be unveiling its third quarter financial results on Tuesday 5th November 2024. This eagerly anticipated announcement is scheduled to occur before market open, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
Financial experts on Wall Street anticipate that the company is set to announce an estimated $0.98 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $32.84 billion for this specific period.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $8.14. This was credited to the company's total revenue, which reached an impressive $41583 million in that particular timeframe.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $137.66 billion. Additionally, they expect the company to post profit of $8.75 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $4.12 | -22.6% | 38.36 B | +4.2% |
| Q1 2024 | $2.78 | -54.4% | 33.21 B | -5.3% |
| Q4 2023 | $3.98 | -40.2% | 36.82 B | -8.2% |
| Q3 2023 | $8.14 | +4.2% | 41.58 B | -12.0% |
| Q2 2023 | $5.32 | -49.9% | 36.82 B | -32.1% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 5th November 2024 at 11:00 AM eastern time to discuss Q3 financial results.
Marathon Petroleum Corporation (MPC) shares traded as low as $142.84 and as high as $147.48 on a day volume of 1.77 million shares, closed Friday's regular trading session at $143.13, decline of 1.61 percent.
