Marathon Petroleum (NYSE:MPC) reported its Q4 earnings results on Wednesday, February 2, 2022 at 06:05 AM.
Here's what investors need to know about the announcement.
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Earnings
Marathon Petroleum beat estimated earnings by 136.36%, reporting an EPS of $1.3 versus an estimate of $0.55, which surprised analysts.
Revenue was up $17.42 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02, which was followed by a 1.49% drop in the share price the next day.
Here's a look at Marathon Petroleum's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.71 | 0.53 | -0.71 | -1.41 |
| EPS Actual | 0.73 | 0.67 | -0.20 | -0.94 |
| Revenue Estimate | 22.65B | 21.61B | 18.91B | 17.42B |
| Revenue Actual | 32.61B | 29.83B | 22.88B | 18.19B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
