Loading advertisement…

Phillips 66 beats second-quarter profit estimates

SHARE NOW

(Reuters) -Refiner Phillips 66 beat Wall Street estimates for second-quarter profit on Friday, helped by higher refining margins.

The company reported an adjusted profit of $2.38 per share for the three months ended June 30, compared with analysts’ average estimate of $1.71 per share, according to data compiled by LSEG.

(Reporting by Tanay Dhumal in Bengaluru; Editing by Arun Koyyur)

Brought to you by www.srnnews.com

Submit a Comment