The third quarter financial results of MPLX LP (NYSE: MPLX) will be revealed on Tuesday 5th November 2024. This eagerly awaited announcement is slated to occur before market open, enabling investors and market participants to gain valuable insights into the company's financial performance.
The latest projections from financial analysts on Wall Street suggest that the firm is likely to reveal an estimated $1.04 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $3.09 billion for the period.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $0.89. This numbers can be credited to the company's total revenue, which amounted to an impressive $2.91 billion during the same quarter.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $11.99 billion. Moreover, they anticipate the company to disclose profit of $4.23 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.15 | +26.4% | 3.05 B | +13.5% |
| Q1 2024 | $0.98 | +7.7% | 2.85 B | +4.9% |
| Q4 2023 | $1.10 | +41.0% | 2.97 B | +11.4% |
| Q3 2023 | $0.89 | -34.6% | 2.91 B | -14.4% |
| Q2 2023 | $0.91 | +9.6% | 2.69 B | -8.5% |
| *Growth on year-over-year basis | ||||
MPLX will host a conference call with investment community on 5th November 2024 at 09:30 AM eastern time to discuss the financial results.
During Friday's trading, MPLX LP (MPLX) shares reached a low of $44.07 and a high of $44.71, along with a total volume of 1.29 million shares. The stock ended the regular trading session at $44.21, demonstrating fall of 0.47 percent.
