Phillips 66 (PSX) closed at $115.98 on [insert date here], marking a 1.8% increase from the previous day. This gain outpaced the S&P 500’s daily increase of 0.16%. However, the company’s shares have dropped 7.16% over the past month, underperforming the Oils-Energy sector, which saw a 9.81% decline, and the S&P 500’s 2.2% loss.
The company is set to report its earnings on January 31, 2025, with analysts predicting earnings of $0.81 per share, reflecting a year-over-year decline of 73.79%. Estimated revenue is expected to be $31.99 billion, down 17.41% from the same quarter last year. Currently, Phillips 66 holds a Zacks Rank of #3 (Hold), and the Zacks Consensus EPS estimate has declined 6.42% in the last 30 days.
Phillips 66 also has a Forward P/E ratio of 13.01, lower than the industry average of 14.69, indicating it may be trading at a discount. The company’s PEG ratio stands at 3.25, compared to the industry average of 2.39.
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