Phillips 66 (NYSE:PSX) will release earnings results for the second quarter before the opening bell on Friday, July 25.

Analysts expect the Houston-based company to report quarterly earnings at $1.71 per share, down from $2.31 per share in the year-ago period. Phillips 66 projects to report quarterly revenue at $32.32 billion. Compare that to $38.91 billion the previous year, according to data from Benzinga Pro.

On Tuesday, Piper Sandler analyst Ryan Todd maintained a Neutral rating for Phillips 66 and lowered the price target from $148 to $147.

With the recent buzz around Phillips 66, some investors may be eyeing potential gains from the company’s dividends. Currently, Phillips 66 offers an annual dividend yield of 3.75% ($4.80 a year). That’s a quarterly dividend amount of $1.20 per share.

To earn $500 monthly …

Full story available on Benzinga.com

Phillips 66 (NYSE:PSX) will release earnings results for the second quarter before the opening bell on Friday, July 25.

Analysts expect the Houston-based company to report quarterly earnings at $1.71 per share, down from $2.31 per share in the year-ago period. Phillips 66 projects to report quarterly revenue at $32.32 billion. Compare that to $38.91 billion the previous year, according to data from Benzinga Pro.

On Tuesday, Piper Sandler analyst Ryan Todd maintained a Neutral rating for Phillips 66 and lowered the price target from $148 to $147.

With the recent buzz around Phillips 66, some investors may be eyeing potential gains from the company’s dividends. Currently, Phillips 66 offers an annual dividend yield of 3.75% ($4.80 a year). That’s a quarterly dividend amount of $1.20 per share.

To earn $500 monthly …

Full story available on Benzinga.com

 Phillips 66 (NYSE:PSX) will release earnings results for the second quarter before the opening bell on Friday, July 25.
Analysts expect the Houston-based company to report quarterly earnings at $1.71 per share, down from $2.31 per share in the year-ago period. Phillips 66 projects to report quarterly revenue at $32.32 billion. Compare that to $38.91 billion the previous year, according to data from Benzinga Pro.
On Tuesday, Piper Sandler analyst Ryan Todd maintained a Neutral rating for Phillips 66 and lowered the price target from $148 to $147.
With the recent buzz around Phillips 66, some investors may be eyeing potential gains from the company’s dividends. Currently, Phillips 66 offers an annual dividend yield of 3.75% ($4.80 a year). That’s a quarterly dividend amount of $1.20 per share.
To earn $500 monthly …Full story available on Benzinga.com   Read More$500 Dividend, dividend yield, dividends, Earnings, Long Ideas, News, PSX, Stories That Matter, Dividends, Markets, Trading Ideas, PSX, Long Ideas, News, Earnings, Dividends, Markets, Trading Ideas, Benzinga Markets