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 per share (EPS) of $1.15, surpassing the analyst consensus estimate of $0.99 by 16.16%. The company's quarterly sales were $3.052 billion, exceeding the estimate of $2.958 billion by 3.19%. Both EPS and sales showed significant year-over-year growth.
August 06, 2024 | 10:53 am
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MPLX reported Q2 2024 EPS of $1.15, beating the consensus estimate of $0.99 by 16.16%. Quarterly sales were $3.052 billion, exceeding the estimate of $2.958 billion by 3.19%. Both metrics showed significant year-over-year growth.
The strong earnings and sales performance, both beating analyst estimates and showing significant year-over-year growth, are likely to positively impact MPLX's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100