Marathon Petroleum (MPC) Misses Q3 Earnings Estimates

Marathon Petroleum (MPC) came out with quarterly earnings of $3.01 per share, missing the Zacks Consensus Estimate of $3.11 per share. This compares to earnings of $1.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.22%. A quarter ago, it was expected that this refiner would post earnings of $3.22 per share when it actually produced earnings of $3.96, delivering a surprise of +22.98%.Over the last four quarters, the compa ...