Phillips 66 Reveals 45% Gain In Q3 Bottom Line

(RTTNews) - Phillips 66 (PSX) reported earnings for its third quarter that increased compared to the same period last year.

The company said its bottom line advanced to $1.65 billion, or $3.02 per share. This was higher than $1.14 billion, or $2.02 per share, in last year's third quarter.

Analysts had expected the company to earn $2.24 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Phillips 66 earnings at a glance:

-Earnings (Q3): $1.65 Bln. vs. $1.14 Bln. last year. -Earnings Growth (Y-o-Y): 44.7% -EPS (Q3): $3.02 vs. $2.02 last year. -EPS Growth (Y-o-Y): 49.5% -Analysts Estimate: $2.24