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

$178.97
-2.75 (-1.51%)
(As of 05/1/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 6Estimated
Actual EPS
(Apr. 30)
$2.78 Beat By $0.25
Consensus EPS
(Apr. 30)
$2.53
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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 

MPC Earnings Date and Information

Marathon Petroleum last issued its quarterly earnings results on April 30th, 2024. The oil and gas company reported $2.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.53 by $0.25. The business had revenue of $32.71 billion for the quarter, compared to the consensus estimate of $32.07 billion. Its revenue for the quarter was down 6.2% on a year-over-year basis. Marathon Petroleum has generated $23.53 earnings per share over the last year ($23.53 diluted earnings per share) and currently has a price-to-earnings ratio of 7.7. Earnings for Marathon Petroleum are expected to decrease by -16.69% in the coming year, from $20.49 to $17.07 per share. Marathon Petroleum has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 6th, 2024 based off prior year's report dates.

Marathon Petroleum Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/6/2024
Estimated)
------- 
4/30/2024Q1 2024$2.53$2.78+$0.25$2.98$32.07 billion$32.71 billion    
1/30/2024Q4 2023$2.21$3.98+$1.77$4.12$34.90 billion$36.26 billion    
10/31/2023Q3 2023$7.79$8.14+$0.35$8.00$37.67 billion$41.58 billion      
8/1/2023Q2 2023$4.55$5.32+$0.77$5.32$32.60 billion$36.82 billion      
5/2/2023Q1 2023$5.23$6.09+$0.86$6.09$35.17 billion$35.08 billion      
1/31/2023Q4 2022$5.54$6.65+$1.11$6.21$35.29 billion$39.82 billion    
11/1/2022Q3 2022$6.80$7.81+$1.01$6.56$35.67 billion$47.24 billion
8/2/2022Q2 2022$9.17$10.61+$1.44$10.27$44.26 billion$54.33 billion      
5/3/2022Q1 2022$1.12$1.49+$0.37$1.49$32.46 billion$38.38 billion      
2/2/2022Q4 2021$0.47$1.30+$0.83$1.33$25.79 billion$35.61 billion    
11/1/2021Q3 2021$0.71$0.73+$0.02$0.37$17.12 billion$32.61 billion    
8/3/2021Q2 2021$0.39$0.67+$0.28($11.66)$21.24 billion$29.83 billion      
5/4/2021Q1 2021($0.72)($0.20)+$0.52($0.03)$19.80 billion$22.88 billion    

Marathon Petroleum Earnings - Frequently Asked Questions

When is Marathon Petroleum's earnings date?

Marathon Petroleum has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 6th, 2024 based off last year's report dates. Learn more on MPC's earnings history.

Did Marathon Petroleum beat their earnings estimates last quarter?

In the previous quarter, Marathon Petroleum (NYSE:MPC) reported $2.78 earnings per share (EPS) to beat the analysts' consensus estimate of $2.53 by $0.25. Learn more on analysts' earnings estimate vs. MPC's actual earnings.

How can I listen to Marathon Petroleum's earnings conference call?

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

How can I read Marathon Petroleum's conference call transcript?

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

How much revenue does Marathon Petroleum generate each year?

Marathon Petroleum (NYSE:MPC) has a recorded annual revenue of $150.31 billion.

How much profit does Marathon Petroleum generate each year?

Marathon Petroleum (NYSE:MPC) has a recorded net income of $9.68 billion. MPC has generated $23.53 earnings per share over the last four quarters.

What is Marathon Petroleum's price-to-earnings ratio?

Marathon Petroleum (NYSE:MPC) has a trailing price-to-earnings ratio of 7.66 and a forward price-to-earnings ratio of 8.80. The price/earnings-to-growth ratio is 1.63.

What is Marathon Petroleum's EPS forecast for next year?

Marathon Petroleum's earnings are expected to decrease from $20.49 per share to $17.07 per share in the next year, which is a -16.69% change.


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This page (NYSE:MPC) was last updated on 5/1/2024 by MarketBeat.com Staff

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