EL DORADO, Ark. (AP) — EL DORADO, Ark. (AP) — Murphy USA Inc. (MUSA) on Tuesday reported first-quarter profit of $106.3 million.
The El Dorado, Arkansas-based company said it had net income of $4.80 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.06 per share.
The gasoline station operator posted revenue of $5.08 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $4.96 billion.
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