Earnings Preview: Phillips 66 (PSX) Q1 Earnings Expected to Decline
PSXPhillips 66(PSX) Zacks Investment Research·2024-04-19 23:06

The market expects Phillips 66 (PSX) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on April 26, 2024, might help the stock move higher if these key numbers are bet ...