Published on 20 May 2024 on Zacks · via Yahoo Finance
Motor fuel retailer Murphy USA Inc. MUSA announced first-quarter 2024 earnings per share of $3.13, which missed the Zacks Consensus Estimate of $4.09 and came in below the year-ago profit of $4.80. The underperformance primarily reflects lower fuel margins and weak petroleum product sales.
Meanwhile, Murphy USA’s operating revenues of $4.8 billion fell 4.6% year over year and missed the consensus mark by $25 million.