Phillips 66: Q3 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Phillips 66 (PSX) on Friday reported third-quarter net income of $2.1 billion.

The Houston-based company said it had net income of $4.69 per share. Earnings, adjusted for one-time gains and costs, were $4.63 per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.78 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PSX at https://www.zacks.com/ap/PSX