Magellan Midstream Q4 Adj. EPS $1.31 Beats $1.18 Estimate, Sales $740.682M Miss $837.8M Estimate

Magellan Midstream (NYSE:MMP) reported quarterly earnings of $1.31 per share which beat the analyst consensus estimate of $1.18 by 11.02 percent. This is a 5.65 percent increase over earnings of $1.24 per share from the

Benzinga · 01/30/2020 13:10

Magellan Midstream (NYSE:MMP) reported quarterly earnings of $1.31 per share which beat the analyst consensus estimate of $1.18 by 11.02 percent. This is a 5.65 percent increase over earnings of $1.24 per share from the same period last year. The company reported quarterly sales of $740.682 million which missed the analyst consensus estimate of $837.8 million by 11.59 percent. This is a 14.44 percent decrease over sales of $865.683 million the same period last year.