Stock AnalizPhillips 66 (PSX) earnings for the quarter ended September 2026: EPS beats estimates
Phillips 66 reported results for the quarter ended September 2026 on October 28, 2026. Adjusted earnings per share came in at $14.08 against the analysts’ average forecast of $11.79, a beat of 19.4%.
Revenue for the quarter was $51.51 billion, up 49.2% from $34.52 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 1.9% on the first trading day after the report.
The last four quarters
Phillips 66 has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $14.08 | $11.79 | +19.4% | +49% | +1.9% |
| Jun 2026 | $9.41 | $7.50 | +25.4% | +53% | −0.2% |
| Mar 2026 | $0.49 | -$0.39 | +225.7% | +7% | +8.5% |
| Dec 2025 | $2.47 | $2.15 | +14.7% | +1% | +4.3% |
What comes next
Analysts expect EPS of $10.94 for the next quarter on average and $34.76 for the fiscal year ending December 31, 2026.
The average analyst price target is $291.32, 10% above the current price of $264.90.
Valuation and score
Phillips 66 scores 3.0 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 8.5, and its intrinsic value under moderate assumptions is about 11% below the current market value. Full Phillips 66 analysis with 10 years of financials
Frequently asked questions
What was Phillips 66’s EPS for the quarter ended September 2026?
$14.08 adjusted per share, against an analyst consensus of $11.79.
How much revenue did Phillips 66 report?
$51.51 billion, up 49.2% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.