Will These Numbers from Marathon Petroleum Be Good Enough for You?

Marathon Petroleum (NYSE: MPC  ) is expected to report Q2 earnings on Aug. 1. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Marathon Petroleum's revenues will grow 14.1% and EPS will contract -21.7%.

The average estimate for revenue is $23.12 billion. On the bottom line, the average EPS estimate is $1.98.

Revenue details
Last quarter, Marathon Petroleum reported revenue of $23.35 billion. GAAP reported sales were 16% higher than the prior-year quarter's $18.89 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $2.17. GAAP EPS of $2.17 for Q1 were 28% higher than the prior-year quarter's $1.70 per share.

Best Stocks To Buy For 2014

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 8.1%, 10 basis points better than the prior-year quarter. Operating margin was 5.3%, 30 basis points better than the prior-year quarter. Net margin was 3.3%, 10 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $93.31 billion. The average EPS estimate is $8.11.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 191 members out of 198 rating the stock outperform, and seven members rating it underperform. Among 52 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give Marathon Petroleum a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Marathon Petroleum is outperform, with an average price target of $88.41.

Is Marathon Petroleum the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.

Add Marathon Petroleum to My Watchlist.