PSX beats Q1 earnings estimates as refining margins surge and revenues climb y/y, offsetting derivative losses that weigh on profitability.
Phillips 66 (PSX) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of a loss of $0.55 per share. This compares to a loss of $0.9 per share a year ago.
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Besides Wall Street's top-and-bottom-line estimates for Phillips 66 (PSX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2026.
PSX is projected to post a 55-cent loss in Q1 on $29.5B in revenues, with midstream revenues and product sales volumes expected to fall y/y.
Phillips 66 (PSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the most recent trading session, Phillips 66 (PSX) closed at $159.38, indicating a +2.33% shift from the previous trading day.
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In the latest trading session, Phillips 66 (PSX) closed at $158.76, marking a -1.02% move from the previous day.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Phillips 66 (PSX) closed at $174.7 in the latest trading session, marking a -1.48% move from the prior day.