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Phillips 66 Q1 adjusted earnings Beat Estimates

Below are the earnings highlights for Phillips 66 (PSX):

-Earnings: -$2.50 billion in Q1 vs. $0.20 billion in the same period last year.
-EPS: -$5.66 in Q1 vs. $0.44 in the same period last year.
-Excluding items, Phillips 66 reported adjusted earnings of $450 million or $1.02 per share for the period.
-Analysts projected $0.62 per share

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