PSX - Will Phillips 66 turn around losses in Q2?

Phillips 66 (NYSE:PSX) is scheduled to announce Q2 earnings results on Tuesday, August 3rd, before market open. The consensus EPS Estimate is $0.60 vs -$0.74 in Q220 and the consensus Revenue Estimate is $21.05B (+88.2% Y/Y). Analysts expect cash flow from operations of $1.22B. Over the last 2 years, PSX has beaten EPS estimates 75% of the time and has beaten revenue estimates 38% of the time. Over the last 3 months, EPS estimates have seen 2 upward revisions and 11 downward. Revenue estimates have seen 1 upward revision and 1 downward. The company's stocks were -0.26% on April 30, when it reported its Q1 results. Q121 losses totaled $654M, or $1.49/share, compared with a loss of $539M, or $1.23/share, in the prior quarter. This marked PSX's fifth straight quarterly net loss. Last week, PSX was among the top energy stock gainers as the sector continued to bounce back after falling to its

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Will Phillips 66 turn around losses in Q2?