Earnings Preview For MPLX
Portfolio Pulse from Benzinga Insights
MPLX is set to release its latest quarterly earnings report on October 31, 2023. Analysts estimate an EPS of $0.93. Last quarter, MPLX beat EPS by $0.05, which was followed by a 2.72% drop in the share price. Shares of MPLX were trading at $35.69 as of October 27, with a 52-week return of 3.96%.
October 30, 2023 | 8:01 pm
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MPLX is expected to report an EPS of $0.93 for Q3 2023. The company's stock price has historically reacted negatively to earnings beats.
MPLX's stock price has historically dropped following earnings beats. Given that analysts expect an EPS of $0.93 for Q3 2023, a beat could potentially lead to a similar price drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100