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Dublin, February 4, 2025 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com has included the report titled "Enterprise Tech Ecosystem Series: Phillips 66 2024" in its collection.
The main figures for Phillips 66 (PSX) provide an overview of the company's performance for the quarter that ended in December 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.
Phillips 66 (NYSE: PSX) will hold its Q4 2024 Earnings Conference Call on January 31, 2025, at 12:00 PM ET. The call will feature company leaders including Jeff Dietert, Mark Lashier, and Kevin Mitchell, along with analysts from various financial institutions. The operator will begin the call by welcoming participants to the event.
In the fourth quarter, PSX's earnings and revenues fell compared to the previous year because of reduced contributions from its Refining and Chemical division.
Phillips 66 (PSX -1.07%), an energy firm specializing in refining, midstream, and chemicals, announced its fourth-quarter earnings on January 31. The company reported an adjusted loss of $0.15 per share, which was much worse than analysts had predicted, who expected a loss of $0.03.
Phillips 66 (PSX) reported a quarterly loss of $0.15 per share, which is better than the Zacks Consensus Estimate of a $0.20 loss. In comparison, the company earned $3.09 per share during the same period last year.
Refiner Phillips 66 announced on Friday that its losses were not as large as anticipated.
HOUSTON--(BUSINESS WIRE)--Phillips 66, a major player in the downstream energy sector, has revealed its earnings for the fourth quarter.
Phillips 66 (PSX) is set to announce its financial results for the fourth quarter on Friday, January 31, 2025, before the market opens.
PSX's earnings for the fourth quarter may have been negatively affected by lower refining margins, decreased crude prices, and rising costs.
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