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Phillips 66 (PSX) Q3 Earnings Beat, Revenues Miss Estimates
Phillips 66 PSX posted third-quarter 2019 adjusted earnings per share of $3.11, which surpassed the Zacks Consensus Estimate of $2.60. The bottom line also increased from the year-ago $3.10, courtesy of contributions from transportation and NGL businesses.
Quarterly revenues totaled $27.8 billion, down from the year-ago quarter’s $30.6 billion. The top line also missed the Zacks Consensus Estimate of $28.3 billion owing to soft refining margin.
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https://finance.yahoo.com/news/phillips-...02321.html
![[Bild: PSXc1dl0759.png]](https://finviz.com/publish/102619/PSXc1dl0759.png)
Phillips 66 PSX posted third-quarter 2019 adjusted earnings per share of $3.11, which surpassed the Zacks Consensus Estimate of $2.60. The bottom line also increased from the year-ago $3.10, courtesy of contributions from transportation and NGL businesses.
Quarterly revenues totaled $27.8 billion, down from the year-ago quarter’s $30.6 billion. The top line also missed the Zacks Consensus Estimate of $28.3 billion owing to soft refining margin.
...
https://finance.yahoo.com/news/phillips-...02321.html
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