Murphy USA Q2 2024 GAAP EPS $6.92 Misses $7.09 Estimate, Sales $5.452B Miss $5.728B Estimate
Portfolio Pulse from Benzinga Newsdesk
Murphy USA (NYSE:MUSA) reported Q2 2024 earnings per share (EPS) of $6.92, missing the analyst consensus estimate of $7.09 by 2.4%. The company also reported quarterly sales of $5.452 billion, which missed the estimate of $5.728 billion by 4.81%. Despite the misses, EPS increased by 14.95% year-over-year.
July 31, 2024 | 8:34 pm
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Murphy USA reported Q2 2024 EPS of $6.92, missing the $7.09 estimate. Sales were $5.452 billion, below the $5.728 billion estimate. Despite the misses, EPS increased by 14.95% year-over-year.
Murphy USA's Q2 2024 earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. However, the year-over-year increase in EPS may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100