Murphy USA Inc. Reports Preliminary Fourth Quarter 2019 Results
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Murphy USA Inc. (MUSA) Tops Q4 EPS by 4c, Revenues Miss
January 29, 2020 4:32 PM ESTMurphy USA Inc. (NYSE: MUSA) reported Q4 EPS of $1.54, $0.04 better than the analyst estimate of $1.50. Revenue for the quarter came in at $3.46 billion versus the consensus estimate of $3.58 billion.
Key Highlights:
Net income was $47.6 million, or $1.54 per diluted share, in Q4 2019 compared to net income of $77.5 million, or $2.38 per diluted share, in Q4 2018. This decrease in net income was primarily due to a lower total fuel contribution. For 2019, net income was $154.8 million, or $4.86 per diluted share, compared to 2018 net income of $213.6 million, or $6.48 per diluted share. Total fuel contribution... More