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Marathon Petroleum (MPC) Earnings Date, Estimates & Call Transcripts

Marathon Petroleum logo
$133.38 +1.73 (+1.31%)
(As of 12/20/2024 05:31 PM ET)

Marathon Petroleum Latest Earnings Summary

Actual EPS
(Nov. 5)
$1.87 Beat By $0.90
Consensus EPS
(Nov. 5)
$0.97

Marathon Petroleum announced Q3 2024 earnings on November 5, 2024, reporting an EPS of $1.87, which beat the consensus estimate of $0.97 by $0.90. Quarterly revenue fell 14.9% year-over-year to $35.37 billion, above analysts' expectations of $34.34 billion. With a trailing EPS of $12.62 and a P/E Ratio of 10.57, Marathon Petroleum's earnings are expected to grow 2.53% next year, from $9.47 to $9.71 per share.

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MPC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MPC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Marathon Petroleum Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$2.19$2.41$2.30 
Q2 20242$3.96$4.66$4.31 
Q3 20242$3.52$3.83$3.68 
Q4 20242$2.16$4.19$3.18 
FY 20248$11.83$15.09$13.46 
Q1 20251$7.48$7.48$7.48 
Q2 20251$2.74$2.74$2.74 
Q3 20251$3.18$3.18$3.18 

Marathon Petroleum Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/5/2024Q3 2024$0.97$1.87+$0.90$1.87$34.34B$35.37B
8/6/2024Q2 2024$3.09$4.12+$1.03$3.91$36.66B$38.36B
4/30/2024Q1 2024$2.53$2.78+$0.25$2.98$32.07B$32.71B
1/30/2024Q4 2023$2.21$3.98+$1.77$4.12$34.90B$36.26B
10/31/2023Q3 2023$7.79$8.14+$0.35$8.00$37.67B$41.58B
8/1/2023Q2 2023$4.55$5.32+$0.77$5.32$32.60B$36.82B
5/2/2023Q1 2023$5.23$6.09+$0.86$6.09$35.17B$35.08B
1/31/2023Q4 2022$5.54$6.65+$1.11$6.21$35.29B$39.82B

Marathon Petroleum Earnings - Frequently Asked Questions

Marathon Petroleum (NYSE:MPC) last announced its quarterly earning data on Tuesday, November 5, 2024. Learn more on MPC's earnings history.

In the previous quarter, Marathon Petroleum (NYSE:MPC) reported $1.87 earnings per share (EPS) to beat the analysts' consensus estimate of $0.97 by $0.90. Learn more on analysts' earnings estimate vs. MPC's actual earnings.

The conference call for Marathon Petroleum's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Marathon Petroleum's latest earnings report can be read online.
Read Transcript

Marathon Petroleum's earnings report can be found in their filing with the SEC.
View SEC filing

Marathon Petroleum (NYSE:MPC) has a recorded annual revenue of $141.98 billion.

Marathon Petroleum (NYSE:MPC) has a recorded net income of $9.68 billion. MPC has generated $12.62 earnings per share over the last four quarters.

Marathon Petroleum (NYSE:MPC) has a trailing price-to-earnings ratio of 10.57 and a forward price-to-earnings ratio of 14.08. The price/earnings-to-growth ratio is 2.56.

Marathon Petroleum's earnings are expected to grow from $9.47 per share to $9.71 per share in the next year, which is a 2.53% increase.

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This page (NYSE:MPC) was last updated on 12/22/2024 by MarketBeat.com Staff
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