Marathon Petroleum: Q3 Earnings Insights

Marathon Petroleum MPC reported its Q3 earnings results on Tuesday, November 1, 2022 at 06:05 AM.

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

Marathon Petroleum beat estimated earnings by 17.98%, reporting an EPS of $7.81 versus an estimate of $6.62.

Revenue was up $14.62 billion from the same period last year.

Last quarter the company beat on EPS by $2.9 which was followed by a 1.0% drop in the share price the next day.

Here's a look at Marathon Petroleum's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	7.71	1.11	0.55	0.71
EPS Actual	10.61	1.49	1.30	0.73
Revenue Estimate	44.08B	32.06B	24.33B	22.65B
Revenue Actual	54.24B	38.38B	35.61B	32.61B

To track all earnings releases for Marathon Petroleum visit their earnings calendar here.

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

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