SVNDY - What to expect from Marathon Petroleum's Q2 results?
Marathon Petroleum (NYSE:MPC) is scheduled to announce Q2 earnings results on Wednesday, August 4th, before market open. The consensus EPS Estimate is $0.38 vs -$1.33 in Q220 and the consensus Revenue Estimate is $21.24B (+39.7% Y/Y). Analysts expect capital expenditure of $588.2M and cash from operating activities of $1.57B. Over the last 2 years, MPC has beaten EPS estimates 100% of the time and has beaten revenue estimates 50% of the time. Over the last 3 months, EPS estimates have seen 7 upward revisions and 3 downward. Revenue estimates have seen 2 upward revisions and 2 downward. Take a look at MPC's YTD performance: The company's stocks were up 0.24% on May 04, when it reported its Q1 results with EPS and revenue both beating estimates. On June 25, Marathon Petroleum and 7-Eleven (OTCPK:SVNDY) agreed to sell hundreds of stores to settle Federal Trade Commission charges that 7-Eleven's acquisition of Marathon's Speedway
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What to expect from Marathon Petroleum's Q2 results?