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Phillips 66 Expected to Earn 34 Cents a Share

Phillips 66 (PSX) is expected to report quarterly earnings of 34 cents a share on sales of $24.7 billion before the market opens Tuesday, April 30, based on a FactSet survey of 16 analysts.

In the same period a year ago, the company posted earnings of $1.04 a share on sales of $23.8 billion.

The stock has risen 1.5% since the company last reported earnings on Feb. 8.

Phillips 66 is currently trading at a price-to-forward-earnings ratio of 10.8 based on the 12-month estimates of 18 analysts surveyed by FactSet.