Phillips 66: Q1 Earnings Insights

Phillips 66 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.

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.

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.

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