PSX - Phillips 66 Q4 2022 Earnings Preview

• Phillips 66 ( NYSE: PSX ) is scheduled to announce Q4 earnings results on Tuesday, January 31st, before market open.
• The consensus EPS Estimate is $4.45 (+51.4% Y/Y) and the consensus Revenue Estimate is $40.33B.
• Over the last 2 years, PSX has beaten EPS estimates 88% of the time and has beaten revenue estimates 38% of the time.
• Over the last 3 months, EPS estimates have seen 10 upward revisions and 2 downward. Revenue estimates have seen 4 upward revisions and 2 downward.
• Phillips 66’s operational issues “are well understood and could set up an upside surprise on maintenance/utilization guidance, which could drive outperformance given the bad news has been priced in”.
• Shares of Phillips gained 26% compared one year ago and gained 6% YTD, but underperformed the broader S&P 500 Energy index by 7% Y/Y.

• Take a look at comparison of key stats between Phillips and its peers .

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