Murphy Oil Corp expected to post earnings of 82 cents a share - Earnings Preview

Murphy Oil

30/04/2024 15:22

* Murphy Oil Corp  MUR.N   MUR  is expected to show a fall
in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Houston Texas-based  company is expected to report a
10.8% decrease in revenue to $749.633 million from $839.97
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Murphy Oil Corp is for
earnings of 82 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Murphy Oil
Corp
is $53.00​, above​ its last closing price of $46.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.93        0.99       0.90      Missed  -8.9
 Sep. 30 2023  1.42        1.44       1.59      Beat    10.6
 Jun. 30 2023  0.77        0.78       0.79      Beat    1.2​
 Jan. 1 0001   0.98        0.98       1.24      Beat    26.9
 ​​Dec.        1.14        1.14       1.10      Missed  -3.5
 31 2022                                                
 Sep. 30 2022  1.64        1.60       1.84      Beat    15.1​
 Jan. 1 0001   1.54        1.56       1.93      Beat    23.7
 Mar. 31 2022  0.62        0.58       0.73      Beat    25.6
 This summary was machine generated April 30 at 14:22 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)