Phillips 66 closed at $278.18, down 1.21% on the day even as the S&P 500 gained 0.6%, the Dow rose 0.83% and the Nasdaq added 0.64%. The oil refiner's shares have gained 8.93% over the past month, outpacing the 2.1% gain in the Oils-Energy sector and the 1.34% rise in the S&P 500 over the same period. Investors are focused on the company's upcoming earnings report, set for October 28, 2026, with analysts predicting earnings per share of $10.41, a 313.1% increase from the year-ago quarter, on quarterly revenue of $34.31 billion, down 1.92% year over year. For the full year, the Zacks Consensus Estimates call for earnings of $29.01 per share and revenue of $157.49 billion, changes of +350.47% and +15.33% respectively from last year. The consensus EPS projection has moved 18.66% higher over the past 30 days, and Phillips 66 currently carries a Zacks Rank of #1 (Strong Buy), with a Forward P/E ratio of 9.71 versus an industry average of 8.86.
Phillips 66Analysts raised the EPS outlook ahead of earnings, with consensus EPS up 18.66% in 30 days and a Zacks #1 Strong Buy rank.
