25.01.2024 12:09:28 - dpa-AFX: Murphy Oil Q4 Profit Decreases, misses estimates

WASHINGTON (dpa-AFX) - Murphy Oil (MUR) revealed earnings for fourth quarter
that decreased from last year and missed the Street estimates.

The company's bottom line came in at $116.29 million, or $0.75 per share. This
compares with $199.40 million, or $1.26 per share, in last year's fourth
quarter.

Excluding items, Murphy Oil reported adjusted earnings of $140.0 million or
$0.90 per share for the period.

Analysts on average had expected the company to earn $1.00 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 13.4% to $844.20 million from $975.22
million last year.

Murphy Oil earnings at a glance (GAAP) :

-Earnings (Q4): $116.29 Mln. vs. $199.40 Mln. last year.
-EPS (Q4): $0.75 vs. $1.26 last year.
-Analyst Estimates: $1.00
-Revenue (Q4): $844.20 Mln vs. $975.22 Mln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Murphy Oil Corp 856127 NYSE 41,990 24.05.24 03:00:29 +0,130 +0,31% 41,620 42,650 42,170 41,990

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