Magellan Midstream Reports Fourth-Quarter 2019 Financial Results

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UPDATE: Magellan Midstream Partners (MMP) Tops Q4 EPS by 13c, Revenues Miss; Offers Q1 & FY20 EPS Guidance Below Consensus

January 30, 2020 8:06 AM EST

(Updated - January 30, 2020 8:06 AM EST)

Magellan Midstream Partners (NYSE: MMP) reported Q4 EPS of $1.31, $0.13 better than the analyst estimate of $1.18. Revenue for the quarter came in at $740.68 million versus the consensus estimate of $837.59 million.

"Magellan closed out the year with another... More