MPLX - Will MPLX continue to deliver robust result in Q2?

MPLX LP (NYSE:MPLX) is scheduled to announce Q2 earnings results on Wednesday, August 4th, before market open. The consensus EPS Estimate is $0.64 (+10.3% Y/Y) and the consensus Revenue Estimate is $2.26B (+8.7% Y/Y). Over the last 1 year, MPLX has beaten EPS estimates 50% of the time and has beaten revenue estimates 50% of the time. Over the last 3 months, EPS estimates have seen 1 upward revision and 1 downward. Revenue estimates have seen 4 upward revisions and 0 downward. Take a look at MPLX LP's YTD performance: MPLX LP, a subsidiary of Marathon Petroleum (NYSE:MPC), reported revenue of $2.34B (+135.9% Y/Y) in Q121, exceeding estimates by $200M. GAAP EPS was $0.68, beating estimates by $0.06. The company generated $1.1B in net cash provided by operating activities. Read why MPLX: The 10% Yield Has Become Even More Attractive

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Will MPLX continue to deliver robust result in Q2?