MPLX Q2 Sales $3.052B Miss $2.958B Estimate
Portfolio Pulse from Benzinga Newsdesk
MPLX (NYSE:MPLX) reported Q2 sales of $3.052 billion, missing the analyst consensus estimate of $2.958 billion. This represents a 100% decrease compared to $2.690 billion in sales during the same period last year.

August 06, 2024 | 10:48 am
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MPLX reported Q2 sales of $3.052 billion, missing the analyst consensus estimate of $2.958 billion. This represents a 100% decrease compared to $2.690 billion in sales during the same period last year.
MPLX's Q2 sales significantly missed analyst estimates and showed a drastic decrease compared to the same period last year. This negative earnings report is likely to impact the stock price adversely in the short term.
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IMPORTANCE 90
RELEVANCE 100