A Sneak Peek At Murphy USA Inc. ($MUSA) 3Q20 Earnings

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Murphy USA Inc. (NYSE:MUSA) specialty retailer, is expected to report third quarter earnings results, after market close, on Wednesday 28th October 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 2.53 per share from revenue of $ 2931.95 million.

Looking ahead, the full year income are expected at $ 12.79 per share on the revenues of $ 11411.50 million.

Previous Quarter Performance

Murphy USA Inc. unwinded income for the second quarter of $ 5.73 per share, from the revenue of $ 2,380.00 million. The quarterly earnings 467.33 percent while revenues contracted 37.38 percent compared with the same quarter last year.
The consensus estimates are income of $ 3.84 per share from $ 2536.93 million in revenue. The bottom line results beat street analysts by $ 1.89 or 49.22 percent, at the same time, top line results fell short of analysts by $ 156.93 million or 6.19 percent.

Stock Performance

Shares of Murphy USA Inc. traded low $ -1.22 or -0.97 percent on Tuesday, reaching $ 124.42 with volume of 238.70 thousand shares. Murphy USA Inc. has traded high as $ 126.11 and has cracked $ 124.03 on the downward trend

According to the previous trading day, closing price of $ 124.42, representing a 59.54 % increase from the 52 week low of $ 78.75 and a 12.8 % decrease over the 52 week high of $ 144.09.

The company has a market capital of $ 3.63 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.

Murphy USA Inc. engages in the marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA and Murphy Express brand names.