MPLX (NYSE:MPLX) reported its Q4 earnings results on Wednesday, February 2, 2022 at 06:10 AM.
Here's what investors need to know about the announcement.
Companies Reporting Before The Bell
• Thomson Reuters (NYSE:TRI) is expected to report quarterly earnings at $0.48 per share on revenue of $1.86 billion.
Investing for income is a difficult task right now. The Federal Reserve has kept interest rates at zero since the coronavirus pandemic, leading to lower yields across fixed income. Stocks aren’t much better, as record-high share prices has reduced the average dividend yield of the S&P 500 Index to just 1.3%.
MPLX (NYSE:MPLX) reported quarterly earnings of $0.66 per share which missed the analyst consensus estimate of $0.67 by 1.49 percent. This is a 13.79 percent increase over earnings of $0.58 per share from the same period