Phillips 66 (NYSE:PSX) reported its Q1 earnings results on Friday, April 29, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Phillips 66 beat estimated earnings by 8.2%, reporting an EPS of $1.32 versus an estimate of $1.22.
Revenue was up $14.79 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.07 which was followed by a 1.83% drop in the share price the next day.
Here's a look at Phillips 66's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.87 | 1.94 | 0.86 | -1.40 |
| EPS Actual | 2.94 | 3.18 | 0.74 | -1.16 |
| Revenue Estimate | 29.01B | 27.08B | 22.88B | 18.57B |
| Revenue Actual | 33.57B | 31.47B | 27.89B | 21.93B |
To track all earnings releases for Phillips 66 visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
