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Murphy USA Inc (MUSA)
:MUSA
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
6.53Last Year’s EPS
7.01Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2018
|% Change Since: 2.22%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Positive
The call presented a generally positive outlook for Murphy USA, with strong third quarter results, significant advancements in store growth, and positive market share gains in nicotine products. However, challenges remain in the QuickChek segment due to competitive pressures in the food and beverage categories, and modest growth in fuel volumes. Despite these challenges, the company's strategic initiatives and growth plans indicate a robust future outlook.Company Guidance
During the Murphy USA Q3 2024 earnings call, several key metrics and guidance updates were discussed. Murphy USA reported a 2% increase in total fuel volumes and a 1.1% rise in retail margins, with retail margins improving by over $0.03 compared to the previous year, despite all-in fuel margins being $0.02 lower. The company anticipates full-year PS&W contributions to be at the low end of the $0.02 to $0.03 per gallon range. CapEx projections for the year were updated to between $500 million and $525 million, attributed to an accelerated real estate pipeline and strong organic growth. The company opened 4 new stores and 16 raze-and-rebuild stores in Q3, with 29 new stores and 15 raze-and-rebuilds under construction. QuickChek's fuel volumes increased by 2.9%, with fuel margin dollars up 9.2%. Murphy USA also plans to maintain its share repurchase commitment, having repurchased 244,000 shares in Q2. Additionally, SG&A guidance was revised down to $240 million to $250 million. These updates reflect Murphy USA's focus on expanding its store network and optimizing operational efficiencies to drive growth into 2025 and beyond.Strong Third Quarter Results
Murphy USA delivered strong third quarter results, benefiting from its everyday low price positioning with value-focused consumers. Fuel volumes and retail margins increased, with total APSM volumes up 2% and 1.1%, respectively.
Asset Development and Store Growth
The asset development team is on track to deliver strong organic growth, with 4 new stores opened in Q3 and plans for up to 40 new stores and 47 raze-and-rebuilds in 2024.
Increase in Capital Expenditure Guidance
Capital expenditure guidance has been increased to a range of $500 million to $525 million in 2024 due to stronger-than-expected organic growth.
Nicotine Market Share Growth
Murphy USA continues to grow its market share in nicotine products, with double-digit growth in sales and margin in smokeless products and the oral nicotine category.
QuickChek Promotional Success
QuickChek saw a significant customer uptake in their $3.99 6-inch sub offer, with volumes up 63%, and a 16% increase in total sandwich units, showing strong cross-pollination across the category.
Reduction in SG&A Guidance
SG&A guidance has been reduced to a range of $240 million to $250 million, reflecting ongoing cost control efforts and more targeted investments.
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MUSA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MUSA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $472.16 | $487.97 | +3.35% |
| Jul 31, 2024 | $503.98 | $514.02 | +1.99% |
| May 01, 2024 | $410.62 | $395.22 | -3.75% |
| Feb 07, 2024 | $366.20 | $399.83 | +9.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Murphy USA Inc (MUSA) report earnings?
Murphy USA Inc (MUSA) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Murphy USA Inc (MUSA) earnings time?
Murphy USA Inc (MUSA) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MUSA EPS forecast?
MUSA EPS forecast for the fiscal quarter 2024 (Q4) is 6.53.
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