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Marathon Petroleum Tops Q4 Estimates
Marathon Petroleum beats Q4 profit estimates as midstream strength offsets refining weakness
By Tanay Dhumal (Reuters) -Top U.S. refiner Marathon Petroleum on Tuesday posted a 74% drop in fourth-quarter earnings but beat Wall Street estimates, as strength in its midstream segment helped offset a steep decline in refining margins.
Marathon Petroleum Tops Q4 Estimates Despite Lower Refining Margins
Marathon Petroleum Corporation (NYSE:MPC) shares are trading higher after it reported fourth-quarter results. Total revenues and other income of $33.47 billion topped the consensus of $31.12 billion.
Marathon Petroleum: Q4 Earnings Snapshot
The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. The refiner posted revenue of $33.47 billion in the period. For the year, the company reported profit of $3.
Insurance broker WTW beats Q4 profit estimates on robust product demand
Insurance broker Willis Towers Watson beat Wall Street estimates for fourth-quarter profit on Tuesday, driven by a strong performance in its risk and brokerage business.
Marathon Petroleum (MPC) Q4 Earnings and Revenues Beat Estimates
Marathon Petroleum (MPC) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $3.98 per share a year ago. These figures are adjusted for non-recurring items.
Marathon Petroleum Corporation Q4 Profit Decreases, But Beats Estimates
Marathon Petroleum Corporation (MPC) released a profit for fourth quarter that decreased from the same period last year but beat the
Marathon Petroleum beats fourth quarter profit estimates on midstream strength
Top U.S. refiner Marathon Petroleum beat fourth-quarter profit estimates on Tuesday, as strength in its midstream and renewable diesel segment helped offset a slump in refining margins.
Marathon Petroleum: Q4 EPS, Revenue Fall
Marathon Petroleum saw revenue and earnings fall year over year in Q4, leading to a significant profit decline.
Cummins, Q4 EPS
Cummins' Hydrogen Unit Drags Down Q4 EPS
Cummins reported strong top-line results, but earnings per share came in significantly below expectations due to strategic reorganization costs.
Cummins: Q4 Earnings Snapshot
The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.68 per share. The engine maker posted revenue of $8.45 billion in the period, also exceeding Street forecasts.
Cummins reports Q4 EPS $3.02, consensus $4.69
Reports Q4 revenue $8.45B, consensus $8.09B. The current quarter results include Accelera reorganization actions of $312M, or $2.14 per diluted
Q4, Palantir
PFE Earnings: Pfizer Stock Jumps on Q4 Beats
Pfizer (PFE) stock is up today after the pharmaceutical company reported earnings for the fourth quarter of 2024. The company’s adjusted EPS of
Analysts race to overhaul Palantir stock price targets after Q4 earnings
Palantir blasted Street earnings forecasts late Monday, with revenues rising 36% from the prior-year period to $827.5 million, thanks in part to a surge in demand for its AI-relat
Palantir surges over 20% after Q4 beat, outlook keep analysts largely bullish
Shares of Palantir Technologies (NASDAQ:PLTR) jumped about 22% premarket on Tuesday after fourth quarter results and outlook beat expectations, which drew praise from analysts. BofA reiterated its Buy rating and raised the price target to $125 from $90 on the shares of Palantir,
4h
UBS Earnings: UBS Shares Drop 6% Despite Strong Q4 Profits and Buyback
Shares of the banking giant UBS Group AG (UBS) dropped nearly 6% in pre-market trading, despite reporting strong Q4 profits.
1h
Oakmark Global Concentrated Strategy Q4 2024 Commentary
The portfolio’s return was -3.87% (net) for the reporting period vs. MSCI World Index that returned -0.16% for the same ...
1h
Pfizer beats Q4, FY '24 earnings estimates, stock down slightly in premarket trading
Pfizer ( PFE) reported fourth quarter and full-year 2024 earnings results Tuesday, narrowly beating Wall Street expectations ...
2h
on MSN
Merck Stock Slumps as Q4 Profits, 2025 Forecast Fall Short
Key Takeaways Merck shares fell sharply Tuesday morning after the drugmaker's profits and 2025 outlook fell short of ...
3h
Oakmark U.S. Concentrated Strategy Q4 2024 Commentary
The portfolio’s return was 5.02% (net) for the reporting period vs. S&P 500 Index that returned 2.41% for the same period.
3h
on MSN
PayPal's Q4 margin contraction eclipses upbeat 2025 profit forecast
By Manya Saini (Reuters) -PayPal shares fell 5% in premarket trading on Tuesday after the digital payments giant's operating ...
3h
on MSN
Spotify CEO Daniel Ek Calls 2024 "A Year We Really Showed What We Are Capable Of" As Q4 Sings, Stock Pops
Spotify shares are up 10% premarket on a strong fourth quarter that saw users and subscribers grow and the global music giant ...
3h
O'Keefe Stevens Advisory Q4 2024 Investor Letter
Nvidia (NVDA), appreciating over 170% as business remained robust, to say the least. Nvidia continues to face a good problem: ...
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