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.
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Earnings
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.
Past Earnings Performance
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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