Brace yourselves for the unveiling of Phillips 66's (NYSE: PSX) third quarter financial results on Tuesday 29th October 2024. This eagerly awaited announcement will take place before market open.
Financial analysts on Wall Street are predicting that the organization is about to reveal an estimated $1.66 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $34.46 billion for this period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $144.13 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $7.71 during the fiscal year.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $4.63. This numbers can be credited to the company's total revenue, which amounted to an impressive $40.32 billion during the same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.31 | -40.3% | 38.91 B | +8.9% |
| Q1 2024 | $1.90 | -54.9% | 36.44 B | +3.8% |
| Q4 2023 | $3.09 | -22.8% | 38.74 B | -5.3% |
| Q3 2023 | $4.63 | -28.3% | 40.32 B | -17.3% |
| Q2 2023 | $3.87 | -42.8% | 35.74 B | -27.5% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 29th October 2024 at 12:00 PM eastern time to review the Q3 2024 financial results.
Phillips 66 (PSX) closed Friday's regular trading session at $128.17, showing a 0.25 percent drop. The stock fluctuated between $128.15 and $130.16 during the day, with a volume of 1.35 million shares.
