Marathon Oil Corp. (MRO) Tuesday reported first-quarter profit of $383 million or $0.54 per share, up from $322 million or $0.45 per share in the comparable quarter last year.
Adjusted earnings for the quarter was $361 million or $0.51 per share. On average, 22 analysts polled by Thomson Reuters expected the company to earn $0.72 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues and other income totaled $4.11 billion, up from $4.04 billion last year. Analysts expected revenues of $4.25 billion.
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