Murphy USA: 2Q Earnings Snapshot
EL DORADO, Ark. (AP) _ Murphy USA Inc. (MUSA) on Wednesday reported second-quarter profit of $32.7 million.
The El Dorado, Arkansas-based company said it had net income of $1.01 per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share.
The gasoline station operator posted revenue of $3.8 billion in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $3.7 billion.
Murphy USA shares have increased 15% since the beginning of the year. The stock has risen 12% in the last 12 months.