Houston, Texas-based Phillips 66 (PSX) is an energy manufacturing and logistics company. Valued at a market cap of $39.7 billion, the company processes, transports, stores, and markets petroleum and petrochemical products. It is expected to announce its fiscal Q1 earnings for 2025 before the market opens on Friday, Apr. 25.
Prior to this event, analysts project this energy company to report a profit of $0.42 per share, down by a massive 77.9% from $1.90 per share in the year-ago quarter. The company has exceeded Wall Street's bottom-line estimates in three of the last four quarters, while missing on another occasion. Its loss of $0.15 per share in the previous quarter outpaced the consensus estimates by 25%.
