Why Marathon Petroleum (MPC) Outpaced the Stock Market Today

Market participants will be closely following the financial results of Marathon Petroleum in its upcoming release. The company plans to announce its earnings on August 6, 2024. The company's earnings per share (EPS) are projected to be $6.25, reflecting a 17.48% increase from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $31.85 billion, indicating a 13.52% downward movement from the same quarter last year. Our research suggests that these changes in est ...