MPLX: Q3 Earnings Insights

MPLX: Q3 Earnings Insights

MPLX MPLX reported its Q3 earnings results on Tuesday, November 1, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

MPLX beat estimated earnings by 61.9%, reporting an EPS of $1.36 versus an estimate of $0.84.

Revenue was up $842.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 1.48% drop in the share price the next day.

Here's a look at MPLX's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.81 0.76 0.75 0.71
EPS Actual 0.83 0.78 0.78 0.74
Revenue Estimate 2.59B 2.44B 2.47B 2.37B
Revenue Actual 2.94B 2.61B 2.73B 2.56B

To track all earnings releases for MPLX visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings