Earnings Preview for Marathon Oil (MRO)

Marathon Oil MRO is presenting its Q1 earnings on Tuesday before the bell. Analysts are expecting earnings of $1.42 per share, which is 30% higher than the same period last year. Shares of Marathon are currently trading at $53.41, which is slightly below their 52-week high of $54.33 set on May 2nd. The stock has risen 17% since reporting earnings on March 2nd. Since the beginning of the year, shares of Marathon oil have risen 45%. Marathon has beaten analyst estimates four out of the past five quarters. In February, Marathon beat estimates by 13.5%, reporting earnings of $1.09 per share. In November, 2010, Marathon beat estimates by 6.4%, reporting earnings of $1.00 per share. In August, 2010, Marathon beat estimates by 35.37%, reporting earnings of $1.11 per share. In May, 2010, Marathon beat estimates by 131.6%, reporting earnings of $0.44 per share. In February, 2010, Marathon missed estimates by 37.3%, reporting earnings of $0.32 per share.