Investing.com - Phillips 66 (NYSE:PSX) reported third quarter earnings that beat analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $3.18 on revenue of $1.40B. Analysts polled by Investing.com expected EPS of $1.89 on revenue of $26.99B. .
For the year, Phillips 66 shares are up 9.74%, under-performing the S&P 500 which is up 22.37% year to date.
Phillips 66 follows other major Energy sector earnings this month
On Friday, Chevron reported third quarter EPS of $3.19 on revenue of $44.71B, compared to forecasts of EPS of $2.21 on revenue of $40.27B.
Royal Dutch Shell B ADR earnings missed analyst's expectations on Thursday, with third quarter EPS of $1.06 on revenue of $60.04B. Investing.com analysts expected EPS of $1.37 on revenue of $61.17B
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