Magellan Midstream Reports 18% Higher Second-Quarter 2019 Financial Results

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Magellan Midstream Partners (MMP) Tops Q2 EPS by 14c, Revenues Miss

August 1, 2019 8:02 AM EDT

Magellan Midstream Partners (NYSE: MMP) reported Q2 EPS of $1.20, $0.14 better than the analyst estimate of $1.06. Revenue for the quarter came in at $644.09 million versus the consensus estimate of $659.88 million.

"Magellan continues to produce strong results, with each of our business segments generating higher... More