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Murphy USA: 3Q Earnings Snapshot

·1 min read

EL DORADO, Ark. (AP) _ Murphy USA Inc. (MUSA) on Wednesday reported third-quarter earnings of $66.9 million.

On a per-share basis, the El Dorado, Arkansas-based company said it had profit of $2.27. Earnings, adjusted for non-recurring costs, were $2.61 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.56 per share.

The gasoline station operator posted revenue of $2.84 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $2.99 billion.

Murphy USA shares have risen roughly 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $123.50, a rise of 32% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MUSA at https://www.zacks.com/ap/MUSA