EL DORADO, Ark. (AP) — EL DORADO, Ark. (AP) — Murphy USA Inc. (MUSA) on Wednesday reported first-quarter net income of $66 million.
The El Dorado, Arkansas-based company said it had net income of $3.12 per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.09 per share.
The gasoline station operator posted revenue of $4.84 billion in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $4.87 billion.
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