Marathon Petroleum (MPC) Tops Q2 Earnings and Revenue Estimates

Marathon Petroleum (MPC) came out with quarterly earnings of $4.12 per share, beating the Zacks Consensus Estimate of $3.04 per share. This compares to earnings of $5.32 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 35.53%. A quarter ago, it was expected that this refiner would post earnings of $2.53 per share when it actually produced earnings of $2.78, delivering a surprise of 9.88%. Over the last four quarters, the compa ...