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Top Wall Street Forecasters Revamp Phillips 66 Price Expectations Ahead Of Q4 Earnings

1. PSX to report Q4 results on Jan. 31, 2025. 2. Analysts predict a loss of 23 cents per share. 3. Projected revenue significantly down from last year at $32.24 billion. 4. PSX acquired EPIC Y-Grade, boosting its NGL business for $2.2 billion. 5. Shares fell 1.1% to $120.84 on recent trading.

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FAQ

Why Bearish?

Analysts expect a quarterly loss, similar to past poor earnings reports.

How important is it?

Earnings expectations and acquisition news influence investor sentiment and PSX valuation.

Why Short Term?

Immediate earnings reports typically influence stock prices; past trends validate this.

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