Zacks Research Decreases Earnings Estimates for Phillips 66

Dec 16, 2024 · Phillips 66 (NYSE:PSX - Free Report) - Zacks Research decreased their Q3 2025 earnings estimates for shares of Phillips 66 in a research note issued to investors on …

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Earnings Preview: Phillips 66 (PSX) Q3 Earnings Expected To Decline

1 week from now

Oct 22, 2024 · For the last reported quarter, it was expected that Phillips 66 would post earnings of $2.12 per share when it actually produced earnings of $2.31, delivering a surprise of +8.96%.

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$2.04
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Phillips 66 Q3 Earnings Beat Estimates, Revenues Decrease Y/Y

1 week from now

Oct 29, 2024 · Phillips 66 (PSX Quick Quote PSX - Free Report) reported third-quarter 2024 adjusted earnings of $2.04 per share, which beat the Zacks Consensus Estimate of …

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Investors Heavily Search Phillips 66 (PSX): Here Is What You Need …

1 week from now

May 22, 2024 · Phillips 66 is expected to post earnings of $3.46 per share for the current quarter, representing a year-over-year change of -10.6%. Over the last 30 days, the Zacks Consensus …

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Phillips 66 (PSX) Up 9.2% Since Last Earnings Report: Can It …

1 week from now

Nov 28, 2024 · Phillips 66 reported third-quarter 2024 adjusted earnings of $2.04 per share, which beat the Zacks Consensus Estimate of $1.63. However, the bottom line was lower than the …

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$7.56
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Q1 EPS Estimates For Phillips 66 Lowered By Zacks Research

1 week from now

Dec 15, 2024 · The consensus estimate for Phillips 66’s current full-year earnings is $7.56 per share. Zacks Research also issued estimates for Phillips 66’s Q2 2025 earnings at $2.97 EPS, …

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$116.28
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Zacks Research Has Negative View Of Phillips 66 Q3 Earnings

1 week from now

Dec 17, 2024 · Get Our Latest Analysis on Phillips 66. Phillips 66 Stock Performance. NYSE:PSX opened at $116.28 on Monday. The company has a market cap of $48.02 billion, a price-to …

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$2.04
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Phillips 66 Q3 Earnings Beat Estimates, Revenues Decrease Y/Y

1 week from now

Oct 29, 2024 · Phillips 66 PSX reported third-quarter 2024 adjusted earnings of $2.04 per share, which beat the Zacks Consensus Estimate of $1.63. However, the bottom line was lower than …

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Mizuho Lowers Phillips 66 Shares Outlook, Citing Weaker 4Q24 …

1 week from now

4 days ago · The revision comes as Mizuho forecasts Phillips 66 to fall short of current consensus expectations for the fourth quarter of 2024, with anticipated misses in EBITDA by 28%, free …

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Phillips 66 (PSX) Ascends But Remains Behind Market: Some Facts …

1 week from now

Dec 23, 2024 · In the latest trading session, Phillips 66 (PSX Quick Quote PSX - Free Report) closed at $110.48, marking a +0.1% move from the previous day. The stock's change was less …

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Phillips 66 (PSX) Increases Despite Market Slip: Here's What

1 week from now

Dec 31, 2024 · Written by Zacks Equity Research for Zacks -> Phillips 66 (PSX) closed at $113.93 in the latest trading session, marking a +1.73% move from the prior day. The stock's …

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Phillips 66 (PSX) Increases Despite Market Slip: Here's What You …

1 week from now

Dec 31, 2024 · Phillips 66 (PSX Quick Quote PSX - Free Report) closed at $113.93 in the latest trading session, marking a +1.73% move from the prior day. The stock's change was more …

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8%
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Phillips 66 (PSX) Beats Stock Market Upswing: What Investors …

1 week from now

4 days ago · In the latest market close, Phillips 66 (PSX Quick Quote PSX - Free Report) reached $115.98, with a +1.8% movement compared to the previous day.The stock's change was more …

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Phillips 66 (PSX) Beats Stock Market Upswing: What Investors

1 week from now

3 days ago · Written by Zacks Equity Research for Zacks -> In the latest market close, Phillips 66 (PSX) reached $115.98, with a +1.8% movement compared to the previous day. The stock's …

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$0.47
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CMS Energy Rides On Investments & Expansion Of Renewable …

1 week from now

1 day ago · As of Sept. 30, 2024, CMS Energy had $0.47 billion in cash and equivalents, $15.66 billion in long-term debt and $0.51 billion in current debt, indicating a weak solvency position …

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FAQs about Zacks Research Decreases Earnings Estimates for Phillips 66 Coupon?

What are the latest EPS estimates & surprises on zacksearnings?

Find the latest EPS estimates and surprises on ZacksEarnings Calendar. In the last reported quarter, the company’s earnings of $2.31 per share beat the Zacks Consensus Estimate of $2.12 due to record natural gas liquids volumes in the Midstream segment and refining crude utilization hitting a five-year high. ...

How has the Zacks consensus estimate changed over the last 30 days?

Over the last 30 days, the Zacks Consensus Estimate for Phillips 66 (PSX) has changed -21.4%. The current fiscal year's consensus earnings estimate is $12.26, representing a year-over-year change of -22.5%. This estimate has decreased by 11% over the last 30 days. ...

Why does Zacks value future earnings?

At Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else because we believe the present value of its future stream of earnings is what determines the fair value for its stock. ...

Did natural gas beat the Zacks consensus estimate?

In the last reported quarter, the company’s earnings of $2.31 per share beat the Zacks Consensus Estimate of $2.12 due to record natural gas liquids volumes in the Midstream segment and refining crude utilization hitting a five-year high. This was partially offset by higher total costs and expenses. ...

What happens when earnings estimates go up?

When earnings estimates for a company increase, the fair value for its stock goes up as well. This results in investors buying the stock and its price moving upward. ...

Why did PSX's refining margins remain strong in the third quarter?

Global refining margins remained robust in the third quarter, driven by high demand for gasoline amid tighter supplies. PSX's refining operations, a core part of its business, likely benefited from this environment, supporting stable earnings. ...