Marathon Oil Corporation (NYSE: MRO) has announced that it will be unveiling its third quarter financial results on Wednesday 6th November 2024. This eagerly anticipated announcement is scheduled to occur after market close, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
The latest projections from financial analysts on Wall Street suggest that the business is likely to reveal an estimated $0.63 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $1.72 billion for the period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $6.59 billion. Additionally, they expect the company to post profit of $2.42 per share for the fiscal year.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.77 per share. This number was attributed to the company's total revenue, which settled at an impressive $1.81 billion during the same period.
Marathon Oil Corporation (MRO) experienced a trading range of $26.97 to $27.81, along with a total volume of 6.92 million shares during the day. The stock concluded Friday's regular trading session at $27.27, indicating fall of 1.55 percent.
