Murphy USA (MUSA) Expected to Announce Earnings on Wednesday

Murphy USA (NYSE:MUSA) is expected to announce its earnings results after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $6.46 per share and revenue of $4.98 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings data on Wednesday, October 30th. The specialty retailer reported $7.20 EPS for the quarter, topping analysts’ consensus estimates of $6.64 by $0.56. The firm had revenue of $5.24 billion during the quarter, compared to analyst estimates of $5.54 billion. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%. The company’s revenue for the quarter was down 9.6% on a year-over-year basis. During the same period in the previous year, the company posted $7.69 EPS. On average, analysts expect Murphy USA to post $24 EPS for the current fiscal year and $26 EPS for the next fiscal year.

Murphy USA Stock Up 1.0 %

Shares of NYSE:MUSA opened at $493.54 on Wednesday. The business’s 50 day moving average is $515.14 and its 200 day moving average is $506.88. Murphy USA has a 12-month low of $350.55 and a 12-month high of $561.08. The stock has a market cap of $9.99 billion, a price-to-earnings ratio of 20.36 and a beta of 0.80. The company has a quick ratio of 0.41, a current ratio of 0.80 and a debt-to-equity ratio of 2.19.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $509.40.

About Murphy USA

Murphy USA Inc engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands, as well as operates non-fuel convenience stores. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States.