Marathon Oil (NYSE:MRO) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Marathon Oil beat estimated earnings by 10.87%, reporting an EPS of $1.02 versus an estimate of $0.92.
Revenue was up $682.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22 which was followed by a 3.89% increase in the share price the next day.
Here's a look at Marathon Oil's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.55 | 0.31 | 0.15 | 0.10 |
| EPS Actual | 0.77 | 0.39 | 0.22 | 0.21 |
| Revenue Estimate | 1.55B | 1.31B | 1.09B | 1.05B |
| Revenue Actual | 1.80B | 1.45B | 1.14B | 1.07B |
To track all earnings releases for Marathon Oil visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
