Magellan Midstream (NYSE:MMP) reported quarterly earnings of $1.09 per share which beat the analyst consensus estimate of $0.97 by 12.37 percent. This is a 12.37 percent increase over earnings of $0.97 per share from the
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%.