Phillips 66 Q2 Earnings Climb 14%

(RTTNews) - Phillips 66 (PSX) released a profit for its second quarter that advanced compared to the same period last year.

The company said its bottom line came in at $569 million, or $1.09 per share. This was higher than $499 million, or $0.94 per share, in last year's second quarter.

Analysts had expected the company to earn $1.01 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Phillips 66 earnings at a glance:

-Earnings (Q2): $569 Mln. vs. $499 Mln. last year. -Earnings Growth (Y-o-Y): 14.0% -EPS (Q2): $1.09 vs. $0.94 last year. -EPS Growth (Y-o-Y): 16.0% -Analysts Estimate: $1.01