LyondellBasell Industries N.V. (LYB) recorded third-quarter 2024 profit of $573 million or $1.75 per share, reflecting a decline of 23.3% from the year-ago quarter's profit of $747 million or $2.29 per share. LYB posted adjusted earnings of $1.88 per share, down 23.6% from the year-ago quarter figure of $2.46. Adjusted earnings missed the Zacks Consensus Estimate of $2.03.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company’s net sales in the third quarter were $10,322 million, ...

LyondellBasell (LYB) came out with quarterly earnings of $1.88 per share, missing the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $2.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.39%. A quarter ago, it was expected that this oil refiner and chemical company would post earnings of $2.23 per share when it actually produced earnings of $2.24, delivering a surprise of 0.45%.Over the last four ...

Third Quarter 2024 Highlights Net income: $573 million, $617 million excluding identified items(a)Diluted earnings per share: $1.75 per share; $1.88 per share excluding identified itemsEBITDA: $1.2 billionCash from operating activities: $670 millionReturned $479 million to shareholders through dividends and share repurchasesCreating long-term value through progress toward LYB's sustainability targets: Started construction of MoReTec-1 catalytic advanced recycling facility in GermanyExceeded 2030 renewable e ...

LyondellBasell Industries N.V. (LYB) is scheduled to report third-quarter 2024 earnings on Nov. 1, before the opening bell. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The company surpassed the Zacks Consensus Estimate in three of the last four quarters and missed once, the average earnings surprise being around 7.5%. LYB delivered a positive earnings surprise of 0.5% in the last reported quarter. LyondellBasell's third-quarter performance is likely to have benefited from favor ...

Analysts on Wall Street project that LyondellBasell (LYB) will announce quarterly earnings of $2.03 per share in its forthcoming report, representing a decline of 17.5% year over year. Revenues are projected to reach $10.27 billion, declining 3.3% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 12.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this ...

The market expects LyondellBasell (LYB) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be relea ...

APK AG LyondellBasell LyondellBasell ● ● , Oct. 18, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (LYB) APK AG APK LYBLYB LYB APK (LDPE) LYB " APK "LYB Yvonne van der Laan " " 9 19 Scholz MoReTec APK LYB LYB " LYB LYB"APK AG Maik Pusch "" (LDPE) LYB LYB Circulen 2023 3 LYB LYB LYB (CLCS) CLCS LyondellBasell LyondellBasell (LYB) —— www.lyondellbasell.com LinkedIn @LyondellBasell LyondellBasell +1 713 309 4791 mediarelations@lyondellbasell.com  Robert Kleissen +31 6 273 573 98 robert.kleissen@lyondellbasell.com 2 ...

Core Insights - LyondellBasell has acquired full ownership of APK AG, a company specializing in solvent-based recycling technology, to enhance its sustainability initiatives and secure the future of its employees [1][2][3] - The integration of APK AG will allow LyondellBasell to further develop its unique solvent-based technology for low density polyethylene (LDPE) and establish commercial plants for producing high-purity materials [1][3] - The acquisition aligns with LyondellBasell's strategy to lead in sustainability and meet rising customer demands for circular economy solutions [2][4] Company Developments - The acquisition of APK AG is expected to secure the future of over a hundred employees and provide additional solutions for customers aiming to achieve circularity goals [2][3] - LyondellBasell is committed to increasing the recycling of hard-to-recycle flexible plastic waste, which constitutes a significant portion of consumer sector mixed plastic waste [3] - The materials produced from this technology will be marketed under LyondellBasell's Circulen portfolio, emphasizing the company's focus on sustainable solutions [3] Strategic Initiatives - In March 2023, LyondellBasell announced a new company strategy aimed at establishing itself as a leader in sustainability, which includes substantial investments in plastic-waste sorting and recycling operations across Europe, the United States, and Asia [4] - The company has laid the foundation for its first industrial-scale MoReTec plant for catalytic advanced recycling, further demonstrating its commitment to sustainable practices [2][4]

HOUSTON and LONDON, Oct. 04, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB), a leader in the global chemical industry, will announce its third-quarter 2024 financial results before the U.S. market opens Friday, Nov. 1, followed by a webcast and teleconference to discuss the results at 11 a.m. EDT. Teleconference and webcast details Friday, Nov. 1, 2024 11 a.m. EDT Hosted by David Kinney, head of investor relations Access the webcast 10 to 15 minutes prior to the start of the call at www.lyondellbasell. ...

HOUSTON and LONDON, Oct. 04, 2024 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB), a leader in the global chemical industry, will announce its third-quarter 2024 financial results before the U.S. market opens Friday, Nov. 1, followed by a webcast and teleconference to discuss the results at 11 a.m. EDT. Teleconference and webcast details Friday, Nov. 1, 2024 11 a.m. EDT Hosted by David Kinney, head of investor relations Access the webcast 10 to 15 minutes prior to the start of the call at www.lyondellbasell. ...