Recap: Phillips 66 Q4 Earnings

Phillips 66 PSX reported its Q4 earnings results on Friday, January 28, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Phillips 66 beat estimated earnings by 57.22%, reporting an EPS of $2.94 versus an estimate of $1.87, which surprised analysts.

Revenue was up $16.80 billion from the same period last year.

Last quarter the company beat on EPS by $1.24, which was followed by a 2.57% drop in the share price the next day.

Here's a look at Phillips 66's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.94	0.86	-1.40	-1.05
EPS Actual	3.18	0.74	-1.16	-1.16
Revenue Estimate	27.08B	22.88B	18.57B	16.11B
Revenue Actual	31.47B	27.89B	21.93B	16.77B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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