💨 Abstract

Phillips 66 reported first-quarter earnings of $487 million, with net income of $1.18 per share. However, the results fell short of Wall Street expectations, as analysts projected a loss of 77 cents per share. The company's revenue of $31.73 billion surpassed forecasts, but adjusted losses were 90 cents per share. The report was generated using data from Zacks Investment Research.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖