Benzinga | Aug 3, 2020 06:44AM EDT

Marathon Petroleum Q2 EPS $(1.33) Beats $(1.75) Estimate, Sales $15.20B Miss $18.88B Estimate

Marathon Petroleum (NYSE:MPC) reported quarterly losses of $(1.33) per share which beat the analyst consensus estimate of $(1.75) by 24 percent. This is a 176.88 percent decrease over earnings of $1.73 per share from the same period last year. The company reported quarterly sales of $15.20 billion which missed the analyst consensus estimate of $18.88 billion by 19.50 percent. This is a 54.89 percent decrease over sales of $33.69 billion the same period last year.