Marathon Petroleum (MPC) Q4 Earnings and Revenues Beat Estimates

Earnings Performance - Marathon Petroleum reported quarterly earnings of $0.77 per share, significantly exceeding the Zacks Consensus Estimate of$ 0.06 per share, but down from $3.98 per share a year ago, representing an earnings surprise of 1,183.33% [1] - The company has surpassed consensus EPS estimates for the last four quarters [2] Revenue Insights - The company posted revenues of$ 33.47 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 8.93%, but down from $36.82 billion year-over-year [2] - Marathon Petroleum has also topped consensus revenue estimates in each of the last four quarters [2] Stock Performance - Since the beginning of the year, Marathon Petroleum shares have increased by approximately 5.4%, outperforming the S&P 500's gain of 1.9% [3] Future Outlook - The company's earnings outlook will be crucial for assessing future stock performance, including current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is$ 0.67 on revenues of $30.43 billion, and for the current fiscal year, it is$ 8.78 on revenues of $123.3 billion [7] Industry Context - The Oil and Gas - Refining and Marketing industry is currently ranked in the bottom 27% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor decisions [5]