What is Phillips 66's expected EPS for Q2 2026?

Analysts expect Phillips 66 (PSX) to report consensus EPS of approximately $7.49 for Q2 2026. Estimates range from $4.69 to $7.90.

What revenue do analysts expect for Phillips 66 in Q2 2026?

The consensus revenue forecast for Phillips 66 (PSX) in Q2 2026 is approximately $44B. Forecasts range from $35.5B to $52.9B.

How many analysts cover Phillips 66?

10 analysts contribute to the Phillips 66 (PSX) Q2 2026 consensus estimate.

Has Phillips 66 beaten earnings estimates recently?

Phillips 66 beat analyst EPS estimates in 2 of the last 2 quarters. Phillips 66 beat revenue estimates in 1 of 2. In the most recent quarter (Q1 2026), Phillips 66 EPS beat by 190.3% and revenue missed by 8%.

When does Phillips 66 report Q2 2026 earnings?

Phillips 66 (PSX) is expected to report Q2 2026 earnings on August 5, 2026 before market open.

PSX Q2 2026 earnings estimate

Consensus EPS · Q2 2026

$7.49

Consensus revenue · Q2 2026

$44B

Analysts

Expected report

Aug 5, 2026

Before open

Upcoming earnings

Locks in 12 days 13 hours · BMO: Locks 8:00 PM ET previous day

Revenue$44B$35.5B – $52.9B

EPS$7.49$4.69 – $7.90

What to watch

Analyst ratings: Mixed

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Analyst consensus

Based on estimates from 10 analysts.

Metric	Low	Consensus	High
Revenue	$35.5B	$44B	$52.9B
EPS	$4.69	$7.49	$7.90
EBITDA	$2.6B	$2.9B	$3.1B
EBIT	$2B	$2.2B	$2.3B
Net income	$2.9B	$3B	$3B

Revenue$44B
EPS$7.49
EBITDA$2.9B
EBIT$2.2B
Net income$3B

Historical beat/miss

Actual reported results vs. analyst consensus at the time. Positive = beat, negative = miss.

Period	Rev. actual	Rev. est.	Rev. surprise	EPS actual	EPS est.	EPS surprise
Q1 2026	$33B	$35.9B	-8.0%	$0.49	-$0.54	+190.3%
Q4 2025	$36.3B	$33.9B	+7.3%	$2.47	$2.15	+14.7%

Q1 2026-8.0%+190.3%
Q4 2025+7.3%+14.7%

Estimate revisions

How analyst consensus estimates have changed over the past 90 days.

Collecting data

Revision trends appear once we have collected at least two daily snapshots for this period.

Community vs analysts

See how the TickerLeague crowd's forecast stacks up against Wall Street.

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No community consensus for Phillips 66 (PSX) Q2 2026 yet. Make a prediction to start the crowd forecast.

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Analyst price target

Based on price targets from 4 analysts.

Low: $170.00
Consensus: $203.00
Median: $207.00
High: $235.00
Current: $211.41
Upside: -4.0%

Upside calculated vs most recent trading price of $211.41.

Analyst ratings

Consensus: Buy — based on 35 analyst ratings.

Buy 20Hold 13Sell 2

24-month trend

Recent analyst actions

Date	Firm	Action	From	To
Jul 14, 2026	Citigroup	maintain	Neutral	Neutral
Jul 13, 2026	Raymond James	maintain	Outperform	Outperform
Jul 13, 2026	Evercore ISI Group	maintain	Outperform	Outperform
Jul 9, 2026	Jefferies	maintain	Hold	Hold
Jul 9, 2026	Barclays	maintain	Equal Weight	Equal Weight
Jun 29, 2026	TD Cowen	maintain	Buy	Buy
Jun 12, 2026	Morgan Stanley	maintain	Overweight	Overweight
May 27, 2026	Mizuho	upgrade	Neutral	Outperform
May 20, 2026	Goldman Sachs	maintain	Neutral	Neutral
Apr 24, 2026	Morgan Stanley	upgrade	Equal Weight	Overweight

Jul 14, 2026CitigroupNeutral
Jul 13, 2026Raymond JamesOutperform
Jul 13, 2026Evercore ISI GroupOutperform
Jul 9, 2026JefferiesHold
Jul 9, 2026BarclaysEqual Weight
Jun 29, 2026TD CowenBuy
Jun 12, 2026Morgan StanleyOverweight
May 27, 2026MizuhoOutperform
May 20, 2026Goldman SachsNeutral
Apr 24, 2026Morgan StanleyOverweight

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