Marathon expects up to $600M in earnings

7/16/2013

FINDLAY — Marathon Petroleum Corp. gave earnings guidance on Monday, saying that the company expects to report earnings in the range of $570 million to $600 million, or $1.75 to $1.85 per share, for the second quarter of 2013.

That would compare with $814 million, or $2.38 per diluted share, for the second quarter of 2012. Included in its estimate are after-tax charges of approximately $39 million, or 12 cents per share, related to pension settlement expenses.