Phillips 66: Fourth Quarter Earnings Overview
Phillips 66 Reports Strong Fourth-Quarter Earnings
Phillips 66, headquartered in Houston, announced on Wednesday that it achieved a net profit of $2.91 billion for the fourth quarter.
The company reported earnings of $7.17 per share, with adjusted earnings—excluding one-time items—coming in at $2.47 per share.
These results surpassed analysts’ expectations. According to Zacks Investment Research, the consensus estimate from seven analysts was $2.11 per share.
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