Recap: Magellan Midstream Q2 Earnings

Magellan Midstream MMP reported its Q2 earnings results on Thursday, July 28, 2022 at 08:00 AM.

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

Earnings

Magellan Midstream beat estimated earnings by 11.43%, reporting an EPS of $1.17 versus an estimate of $1.05.

Revenue was up $134.96 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 0.39% increase in the share price the next day.

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

To track all earnings releases for Magellan Midstream visit their earnings calendar here.

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