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Murphy USA Earnings Preview

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Benzinga Insights
·2 min read
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On Wednesday, February 03, Murphy USA (NYSE:MUSA) will release its latest earnings report. Benzinga's outlook for Murphy USA is included in the following report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Based on Murphy USA management projections, analysts predict EPS of $2.17 on revenue of $2.97 billion. In the same quarter last year, Murphy USA reported EPS of $1.54 on revenue of $3.46 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

View more earnings on MUSA

If the company were to report earnings in line when it publishes results Wednesday, earnings would be up 40.91%. Revenue would be down 14.16% from the same quarter last year. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

EPS Estimate

2.53

3.81

2.50

1.65

EPS Actual

2.27

5.73

2.92

1.54

Revenue Estimate

2.93 B

2.53 B

3.16 B

3.59 B

Revenue Actual

2.84 B

2.38 B

3.19 B

3.46 B

Stock Performance

Over the last 52-week period, shares are up 18.27%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Murphy USA is scheduled to hold the call at 11:00:00 ET and can be accessed here.

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