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Phillips 66: Q2 Earnings Snapshot

Phillips 66: Q2 Earnings Snapshot

By AP News
Published - Jul 30, 2024, 08:51 AM ET
Last Updated - Jul 30, 2024, 08:51 AM EDT

HOUSTON (AP) — HOUSTON (AP) — Phillips 66 (PSX) on Tuesday reported second-quarter profit of $1.01 billion.

The Houston-based company said it had profit of $2.38 per share. Earnings, adjusted for non-recurring gains, were $2.31 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share.

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