For the quarter ended March 2025, Phillips 66 (PSX) reported revenue of $31.73 billion, down 12.9% over the same period last year. EPS came in at -$0.90, compared to $1.90 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $30.65 billion, representing a surprise of +3.49%. The company delivered an EPS surprise of -16.88%, with the consensus EPS estimate being -$0.77.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Phillips 66 performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Refining Margins - Atlantic Basin/Europe (Per Barrel): $7.08 compared to the $5.78 average estimate based on four analysts.
- Refining Margins - Worldwide (Per Barrel): $6.81 versus the four-analyst average estimate of $6.98.
- Refining Margins - Gulf Coast (Per Barrel): $4.43 versus $5.65 estimated by four analysts on average.
- Refining Margins - Western/Pacific (Per Barrel): $7.12 versus $8.01 estimated by four analysts on average.
- Refining Margins - Central Corridor (Per Barrel): $8.29 compared to the $9.15 average estimate based on four analysts.
- Refined Petroleum Products Sales - U.S. Marketing- Total - Barrels Per Day: 1828 thousands of barrels of oil versus the three-analyst average estimate of 1883.67 thousands of barrels of oil.
- Total Petroleum products sales volumes: 2140 thousands of barrels of oil per day versus 2204.79 thousands of barrels of oil per day estimated by three analysts on average.
- Midstream - Pipelines: 2893 thousands of barrels of oil per day compared to the 2939.66 thousands of barrels of oil per day average estimate based on three analysts.
- Midstream - Terminals: 2938 thousands of barrels of oil per day versus the three-analyst average estimate of 3051.71 thousands of barrels of oil per day.
- Sales and other operating revenues: $30.43 billion versus $30.68 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -15% change.
- Equity in earnings of affiliates: $153 million versus $390.70 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -71% change.
- Revenues and Other Income- Other income: $56 million compared to the $61.52 million average estimate based on two analysts. The reported number represents a change of -42.3% year over year.
View all Key Company Metrics for Phillips 66 here>>>
Shares of Phillips 66 have returned -16.1% over the past month versus the Zacks S&P 500 composite's -4.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Phillips 66 (PSX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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