HOUSTON (AP) — HOUSTON (AP) — Phillips 66 (PSX) on Tuesday reported second-quarter profit of $1.01 billion.

The Houston-based company said it had profit of $2.38 per share. Earnings, adjusted for non-recurring gains, were $2.31 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.12 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