PSX Earnings

PSX reported its earnings on 2026-04-29, showcasing a revenue of 33.00B against an estimate of 29.53B, resulting in a 11.76% surprise. The EPS was 0.49, surpassing the expected -0.55 by 189.09%. The stock experienced a 5.06% price change on the earnings day and a 8.08% change over the next five days, reflecting market reactions to the results.

Following PSX's earnings announcement on 2026-04-29, the stock price moved by 5.06% on the day of the release. Over the subsequent five days, it saw a 8.08% change. Historically, PSX's stock price tends to shift by an average of -2.35% in the 10 days leading up to earnings and 0.41% in the 10 days following, providing insight into potential market.

For 2025/Q2, analysts estimate PSX's annual revenue to reach 32.94B, while the EPS is projected at 1.82. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between PSX's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, PSX's stock price typically moves by -2.35% in the 10 days before its earnings and 0.41% in the 10 days after. For the upcoming 2025/Q2 earnings, analysts expect an EPS of 1.82 and revenue of 32.94B.

The earnings call summary highlights strong financial performance with a 5% revenue increase, 8% net income growth, and improved refining margins. Cash flow from operations increased by 12%, indicating robust financial health. Despite a lack of strategic updates, the financial metrics suggest a positive outlook. The absence of concerning Q&A responses further supports a positive sentiment. Although the market cap is unavailable, the financial results alone justify a 'Positive' rating, expecting a 2% to 8% stock price increase over the next two weeks.