Phillips 66 Q4 Loss Narrower Than Expected, Revenues Top Estimates

Phillips 66 (PSX) reported fourth-quarter 2024 adjusted loss of 15 cents per share, narrower than the Zacks Consensus Estimate of a loss of 20 cents. The bottom line declined from the year-ago quarter’s earnings of $3.09.Total quarterly revenues of $34 billion beat the Zacks Consensus Estimate of $32 billion. However, the top line declined from the year-ago level of $38.7 billion.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The better-than-expected quarterly results can be primaril ...