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Recap: Marathon Petroleum Q4 Earnings

 

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.

Also check out this: NextEra Energy and 2 other stocks bought by insiders

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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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