Murphy (MUSA) Q2 Earnings Beat as Margins Go Up, Sales Miss

Motor fuel retailer Murphy USA Inc. (MUSA) announced second-quarter 2024 earnings per share of $6.92, which beat the Zacks Consensus Estimate by a penny and came in higher than the year-ago profit of$6.02. The outperformance primarily reflects higher fuel margins. However, Murphy USA's operating revenues of $5.4 billion fell 2.4$194 million due to tepid petroleum product sales. Revenues from petroleum product sales came in at $4.3 billion, marginally above ...