Earnings Beat: MPLX LP MPLX reported third quarter adjusted earnings of 61 cents per unit, beating the Zacks Consensus Estimate of 59 cents.
Estimate Revision Development & Shock Historical past: Buyers ought to be aware that the Zacks Consensus Estimate of earnings for the quarter has seen no motion within the final seven days.
Earlier than posting Q3 earnings, MPLX LP delivered damaging surprises in two of the prior 4 quarters. General, the partnership has a mean damaging earnings shock of 5.4% within the trailing 4 quarters.
MPLX LP Worth and EPS Shock
MPLX LP price-eps-surprise | MPLX LP Quote
Revenues Beat: MPLX LP posted revenues of $2,280 million, beating the Zacks Consensus Estimate of $2,245 million.
Key Stats: MPLX’s working revenue from Logistics and Storage phase witnessed a soar of 52.4% from the prior-year quarter to $713 million.
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