Phillips 66 (PSX) Reports Q4 Loss, Tops Revenue Estimates

Phillips 66 (PSX) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to earnings of $3.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this oil refiner would post earnings of $1.63 per share when it actually produced earnings of $2.04, delivering a surprise of 25.15%.Over the last four quarters, the company has surp ...