Phillips 66 closed the most recent trading day at $264.34, up 2.83% from the previous session, outpacing the S&P 500's daily loss of 0.45%, the Dow's 0.63% decline and the Nasdaq's 0.78% drop. Ahead of that session, the oil refiner's shares had gained 6.86%, beating the Oils-Energy sector's 2% gain and the S&P 500's 1.99% loss. For its upcoming release, Phillips 66 is forecast to report EPS of $8.73, a 246.43% increase from the year-ago quarter, on revenue of $35.54 billion, up 1.62%. For the full year, Zacks Consensus Estimates anticipate earnings of $24.47 per share and revenue of $156.82 billion, shifts of +279.97% and +14.84% respectively from last year. Over the past month the Zacks Consensus EPS estimate has moved 0.12% higher, and Phillips 66 currently carries a Zacks Rank of #1 (Strong Buy), with a Forward P/E of 10.51 versus its industry average of 9.13.
Phillips 66Phillips 66 carries a Zacks Rank #1 (Strong Buy) with consensus EPS estimates rising and blowout earnings growth forecast ahead of its release.
