What To Expect From Murphy USA Inc. (MUSA) 2Q20 Earnings

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Murphy USA Inc. (NYSE:MUSA) is reporting second quarter financial results on Tuesday 21st July 2020, before market open.

According to analysts surveyed by Thomson Reuters, MUSA is expected to report 2Q20 income of $ 3.84 per share from revenue of $ 2536.93 million.

For the full year, analysts anticipate top line of $ 11555.30 million, while looking forward to income of $ 10.56 per share bottom line.

Previous Quarter Performance

Murphy USA Inc. announced income for the first quarter of $ 2.92 per share, from the revenue of $ 3.19 million. The quarterly earnings grew 1,725.00 percent while revenues down 99.90 percent compared with the same quarter last year.
According to street consensus, MUSA was expected to report 1Q20 income of $ 2.50 per share from revenue of $ 3163.25 million. The bottom line results beat street analysts by $ 0.42 or 16.80 percent, at the same time, top line results fell short of analysts by $ 3 million or 99.9 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Murphy USA Inc.

Stock Performance

According to the previous trading day, closing price of MUSA was $ 117.91, representing a 49.73 % increase from the 52 week low of $ 78.75 and a 2.75 % decrease over the 52 week high of $ 121.24.

The company has a market capital of $ 3.44 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.

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Conference Call

Murphy USA Inc. will be hosting a conference call at 11:00 AM eastern time on 21st July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.murphyusa.com

Murphy USA Inc. engages in the marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA and Murphy Express brand names.