A Preview Of Marathon Petroleum's Earnings
Portfolio Pulse from Benzinga Insights
Marathon Petroleum (NYSE:MPC) is set to release its latest quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $7.78. The company's past performance shows it beat EPS estimates last quarter, resulting in a 0.69% increase in share price the next day. Shares of Marathon Petroleum were trading at $146.0 as of October 27, and are up 22.57% over the last 52-week period.
October 30, 2023 | 3:01 pm
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Marathon Petroleum's upcoming earnings report could impact its stock price. Last quarter's EPS beat led to a 0.69% increase in share price. The stock is currently trading at $146.0 and has seen a 22.57% increase over the last 52 weeks.
Marathon Petroleum's stock price could be influenced by its upcoming earnings report. If the company beats the estimated EPS of $7.78, it could lead to a positive impact on the stock price, as seen in the last quarter. However, the guidance provided by the company could also significantly affect the stock price. The stock has been performing well over the past year, which could indicate investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100