Published on 26 Apr 2024 on Zacks via Yahoo Finance
Phillips 66 (PSX) Q1 Earnings Miss, Revenues Increase Y/Y
Phillips 66 PSX has reported first-quarter 2024 adjusted earnings of $1.90 per share, which missed the Zacks Consensus Estimate of $2.05. The bottom line was significantly lower than the year-ago quarter’s $4.21.
Total quarterly revenues of $36.4 billion beat the Zacks Consensus Estimate of $31 billion. The top line also improved from the year-ago quarter’s $35.1 billion.