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Earnings Showdown: Murphy Oil Beats Estimates, Spirit Airlines Falls Short

  • August 03rd, 2023
  • 358 views

Murphy Oil Corporation (NYSE: MUR) announced its second quarter 2023 financial results, revealing adjusted earnings per share (EPS) of $0.79 and revenues of $814.59 million. The company's performance exceeded the consensus estimate of $0.78 on revenues of $787.56 million.

In pre-market, $MUR remains unchanged at $41.81.

Meanwhile, Spirit Airlines, Inc. (NYSE: SAVE) released its own Q2 2023 earnings report, delivering adjusted EPS of $0.29 and revenue of $1.432 billion. However, these figures fell short of the consensus estimate of $0.38 on revenues of $1.470 billion.

$SAVE was trading at $16.58 ib pre-market, down $0.50 (-2.93%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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