Murphy USA Inc. (MUSA) Tops Q4 EPS by 2c
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Murphy USA Inc. Reports Preliminary Fourth Quarter 2018 Results
January 30, 2019 4:30 PM ESTEL DORADO, Ark., Jan. 30, 2019 (GLOBE NEWSWIRE) -- Murphy USA Inc. (NYSE: MUSA), a leading marketer of retail motor fuel products and convenience merchandise, today announced preliminary financial results for the three and twelve months ended December 31, 2018.Â
Key Highlights:
Net income was $77.5 million, or $2.38 per diluted share, in Q4 2018 compared to net income of $124.8 million, or $3.58 per diluted share, in Q4 2017. The 2017 fourth quarter included a deferred tax benefit of $88.9 million as a result of the enactment of the Tax Cuts and Jobs Act in December 2017, which... More