Phillips 66 Q2 Adj. EPS $3.87 Beats $3.54 Estimate
Portfolio Pulse from Benzinga Newsdesk
Phillips 66 reported Q2 earnings of $3.87 per share, beating the analyst consensus estimate of $3.54 by 9.32 percent. However, this is a 42.84 percent decrease from the same period last year.
August 04, 2023 | 10:56 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Phillips 66's Q2 earnings beat estimates but are significantly lower than last year's earnings.
While Phillips 66 beat the Q2 earnings estimate, the significant decrease from last year's earnings could potentially concern investors. This mixed result makes the short-term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100