Marathon Oil (NYSE:MRO) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Marathon Oil beat estimated earnings by 2.33%, reporting an EPS of $1.32 versus an estimate of $1.29.
Revenue was up $1.16 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 0.04% drop in the share price the next day.
Here’s a look at Marathon Oil’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.92 | 0.55 | 0.31 | 0.15 |
| EPS Actual | 1.02 | 0.77 | 0.39 | 0.22 |
| Revenue Estimate | 1.71B | 1.55B | 1.31B | 1.09B |
| Revenue Actual | 1.75B | 1.80B | 1.45B | 1.14B |
To track all earnings releases for Marathon Oil visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
