Murphy USA Inc. (NYSE: MUSA) reported Q2 EPS of $4.79, $1.59 better than the analyst estimate of $3.20. Revenue for the quarter came in at $4.46 billion versus the consensus estimate of $4.14 billion.

2021 Guidance Update:

The Company has continued its strong performance into 2021 despite very challenging macro conditions in the marketplace. While management has not historically made a practice of updating guidance throughout the year, there are several metrics that were previously provided for the 2021 year in January that need to be revised based on updated conditions.

		2021 Original Guidance Range		2021 Updated Guidance Range
Organic Growth
New Stores		up to 55		34 to 38
Raze-and-Rebuilds		up to 25		31
Fuel Contribution
Retail fuel volume per store (K gallons APSM)		245 to 255		232 to 238
Store Profitability
Merchandise contribution ($ Millions)		$680 to $700		$690 to $700
Retail store OPEX excluding credit cards ($K, APSM)		$27 to $28		$28 to $29
Corporate Costs
SG&A ($ Millions per year)		$190 to $200		$190 to $200
Effective Tax Rate		24% to 26%		24% to 26%
Capital Allocation
Capital expenditures ($ Millions)		$325 to $375		$325 to $375

For earnings history and earnings-related data on Murphy USA Inc. (MUSA) click here.