Recap: Magellan Midstream Q4 Earnings

Magellan Midstream MMP reported its Q4 earnings results on Wednesday, February 2, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Magellan Midstream beat estimated earnings by 12.73%, reporting an EPS of $1.24 versus an estimate of $1.1, which surprised analysts.

Revenue was up $222.98 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12, which was followed by a 2.12% drop in the share price the next day.

Here's a look at Magellan Midstream's past performance:

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