CORRECTION: MPLX Q2 2024 GAAP EPS $1.15 Beats $0.99 Estimate, Sales $3.052B Beat $2.958B Estimate
Portfolio Pulse from Benzinga Newsdesk
MPLX (NYSE:MPLX) reported Q2 2024 earnings of $1.15 per share, beating the analyst estimate of $0.99. Sales were $3.052 billion, surpassing the $2.958 billion estimate. Both earnings and sales showed significant year-over-year growth.
August 06, 2024 | 10:53 am
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MPLX reported Q2 2024 earnings of $1.15 per share, beating the analyst estimate of $0.99. Sales were $3.052 billion, surpassing the $2.958 billion estimate. Both earnings and sales showed significant year-over-year growth.
MPLX's earnings and sales both exceeded analyst expectations and showed significant year-over-year growth. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100