FINDLAY, Ohio (AP) _ Marathon Petroleum Corp. (MPC) on Tuesday reported fourth-quarter earnings of $3.32 billion.

On a per-share basis, the Findlay, Ohio-based company said it had net income of $7.09. Earnings, adjusted for one-time gains and costs, were $6.65 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.54 per share.

The refiner posted revenue of $40.09 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $32.02 billion.

For the year, the company reported profit of $14.52 billion, or $28.12 per share. Revenue was reported as $179.95 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MPC at https://www.zacks.com/ap/MPC

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News