Murphy USA Inc. Reports Preliminary Fourth Quarter 2018 Results
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Murphy USA Inc. (MUSA) Tops Q4 EPS by 2c
January 30, 2019 4:32 PM ESTMurphy USA Inc. (NYSE: MUSA) reported Q4 EPS of $2.38, $0.02 better than the analyst estimate of $2.36. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.5 billion.
Net income was $77.5 million, or $2.38 per diluted share, in Q4 2018 compared to net income of $124.8 million, or $3.58 per diluted share, in Q4 2017. The 2017 fourth quarter included a deferred tax benefit of $88.9 million as a result of the enactment of the Tax Cuts and Jobs Act in December 2017, which increased net income. For the full year, net income was $213.6 million, or $6.48 per diluted share,... More