financetom
Business
financetom
/
Business
/
Marathon Petroleum Q4 Adjusted Net Income, Revenue Fall
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Marathon Petroleum Q4 Adjusted Net Income, Revenue Fall
Feb 4, 2025 4:33 AM

07:06 AM EST, 02/04/2025 (MT Newswires) -- Marathon Petroleum ( MPC ) reported Q4 adjusted net income Tuesday of $0.77 per diluted share, down from $3.98 a year earlier.

Analysts polled by FactSet expected $0.02.

Total revenue for the quarter ended Dec. 31 was $33.47 billion, down from $36.82 billion a year ago.

Analysts surveyed by FactSet expected $33.14 billion.

Shares of the company were up about 2.9% in recent pre-market activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Freshworks forecasts annual revenue above estimates on steady software demand
Freshworks forecasts annual revenue above estimates on steady software demand
Feb 11, 2025
Feb 11 (Reuters) - Freshworks ( FRSH ) forecast annual revenue and profit above Wall Street estimates on Tuesday, betting on growing demand for its enterprise software for managing digital operations, sending its shares up 6% in extended trading. The company projected its first-quarter revenue slightly below market expectations but reported upbeat revenue and adjusted profit per share for the...
Correction: Wells Fargo Showing Progress Fixing Regulatory Hurdles, CFO Santomassimo Says
Correction: Wells Fargo Showing Progress Fixing Regulatory Hurdles, CFO Santomassimo Says
Feb 11, 2025
04:23 PM EST, 02/11/2025 (MT Newswires) -- (Corrects first paragraph to show WFC's remaining consent orders are unrelated to a cap on assets imposed by the Federal Reserve.) Wells Fargo ( WFC ) still has five consent orders to resolve, Wells Fargo ( WFC ) Chief Financial Officer Mike Santomassimo said Tuesday at a banking industry conference, as the company...
Red Rock Resorts Q4 Earnings Decline, Revenue Increases
Red Rock Resorts Q4 Earnings Decline, Revenue Increases
Feb 11, 2025
04:23 PM EST, 02/11/2025 (MT Newswires) -- Red Rock Resorts ( RRR ) reported Q4 earnings late Tuesday of $0.76 per diluted share, down from $0.95 a year earlier. Analysts polled by FactSet expected $0.43. Net revenue for the quarter that ended Dec. 31 was $495.7 million, up from $462.7 million a year earlier. Analysts polled by FactSet expected $490.4...
OpenAI's board has not received Musk's takeover bid, source says
OpenAI's board has not received Musk's takeover bid, source says
Feb 11, 2025
* OpenAI's Altman dismisses Musk's offer as a tactic to disrupt * Altman says OpenAI plans to reject offer to maintain mission focus * Musk's lawyer says offer was sent to OpenAI outside counsel on Monday By Krystal Hu, Manuel Ausloos NEW YORK/PARIS, Feb 11 (Reuters) - OpenAI's board of directors has not yet received a formal bid from a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved