Phillips 66 Q3 Earnings Beat Estimates on Strong Refining Margins
FROM THE WIRE · FINANCE.YAHOO.COM
Phillips 66 PSX reported third-quarter 2026 adjusted earnings of $14.08 per share, up 458.7% from $2.52 a year ago. The bottom line surpassed the Zacks Consensus Estimate of $11.97 by 17.6%. Total revenues and other income increased 47.2% to $51.51 billion from $34.98 billion a…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results beat estimates, driven by stronger refining margins.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Adjusted earnings per share were $14.08 against a consensus of $11.97.
- 02Revenues rose 47.2% to $51.51 billion from a year earlier.
- 03Refining crude capacity utilization reached 98% in the quarter.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets