There's just no way around it: Market sell-offs are unpleasant. However, the silver lining I always try to find amid any significant pullback is that many of my favorite stocks inevitably go on sale.
Murphy USA (MUSA) reported earnings 30 days ago. What's next for the stock?
In the fourth quarter, MUSA bought back shares worth $126.2 million.
Murphy USA Inc. (NYSE:MUSA ) Q4 2024 Earnings Conference Call February 6, 2025 11:00 AM ET Company Participants Christian Pikul - Vice President-Investor Relations Andrew Clyde - Chief Executive Officer Galagher Jeff - Chief Financial Officer Mindy West - Chief Operating Officer Conference Call Participants Alessandra Jimenez - Raymond James John Royall - JPMorgan Irene Nattel - RBC Capital Markets Corey Tarlowe - Jefferies Anthony Bonadio - Wells Fargo Operator Thank you for standing by. My name is Jeanine, and I will be your conference operator for today.
While the top- and bottom-line numbers for Murphy USA (MUSA) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Murphy USA (MUSA) came out with quarterly earnings of $6.96 per share, beating the Zacks Consensus Estimate of $6.43 per share. This compares to earnings of $7 per share a year ago.
Get a deeper insight into the potential performance of Murphy USA (MUSA) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
MUSA is expected to have benefited from higher petroleum product sales during the quarter.
Murphy USA (MUSA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Murphy USA has shown strong performance since my initial 'buy' rating in September 2022, outperforming the S&P 500 with a 69.4% gain. Despite recent revenue and profit declines, operational stability is evident with increased fuel sales volume and merchandise sales. Management projects significant profitability growth by 2028, with potential annualized upside of 13.9% to 15.1%, outpacing the S&P 500.
The heavy selling pressure might have exhausted for Murphy USA (MUSA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Murphy USA (MUSA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.