LyondellBasell (LYB) reported $10.56 billion in revenue for the quarter ended June 2024, representing a yearover-year increase of 2.5%. EPS of $2.24 for the same period compares to $2.44 a year ago. The reported revenue represents a surprise of -1.07% over the Zacks Consensus Estimate of $10.67 billion. With the consensus EPS estimate being $2.23, the EPS surprise was +0.45%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

LyondellBasell Industries N.V. (NYSE:LYB) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Corporate Participants David Kinney - Head, IR Peter Vanacker - Chief Executive Officer Michael McMurray - Chief Financial Officer Kim Foley - EVP, Intermediates, Derivatives & Refining Aaron Ledet - EVP, Intermediates and Derivatives Torkel Rhenman - EVP, Advanced Polymer Solutions Conference Call Participants Steve Byrne - Bank of America Matthew Blair - TPH Frank Mitsch - Fermium Research John Roberts - ...

Second Quarter 2024 Earnings August 2, 2024 Cautionary statement The statements in this presentation relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management of LyondellBasell which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. When used in this presentation, the words "estimate," "believe," "continue," "could," "intend," "may," "plan," "potential," "pre ...

LyondellBasell Industries N.V. (LYB) recorded a second-quarter 2024 profit of $924 million or $2.82 per share, reflecting an increase of 29.2% from $715 million or $2.18 per share reported a year ago. LYB posted adjusted earnings of $2.24 per share, down 8.2% from the year-ago quarter figure of $2.44. However, adjusted earnings surpassed the Zacks Consensus Estimate of $2.23. The company's net sales in the second quarter were $10,558 million, which lagged the Zacks Consensus Estimate of $10,672.2 million. N ...

LyondellBasell (LYB) came out with quarterly earnings of $2.24 per share, beating the Zacks Consensus Estimate of $2.23 per share. This compares to earnings of $2.44 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 0.45%. A quarter ago, it was expected that this oil refiner and chemical company would post earnings of $1.42 per share when it actually produced earnings of $1.53, delivering a surprise of 7.75%. Over the last four ...

HOUSTON and LONDON, Aug. 2, 2024 /PRNewswire/ -- Second Quarter 2024 Highlights Net income: $924 million, $734 million excluding identified items(a) Diluted earnings per share: $2.82 per share; $2.24 per share excluding identified items EBITDA: $1.6 billion, $1.4 billion excluding identified items Cash from operating activities: $1.3 billion Increased quarterly dividend by 7% to $1.34 per share Returned $513 million to shareholders through dividends and share repurchases Taking additional actions to grow an ...

LyondellBasell Industries N.V. (LYB) is scheduled to report second-quarter 2024 earnings on Aug 2, before the opening bell. The company surpassed the Zacks Consensus Estimate in three of the last four quarters and missed once, the average earnings surprise being nearly 9.1%. It delivered a positive earnings surprise of 7.7% in the last reported quarter. The stock has gained 0.5% in the past year against the industry's decline of 10.7%. Image Source: Zacks Investment Research Let's see how things are shaping ...

Analysts' assessment points toward 'Revenues- Advanced Polymer Solutions' reaching $990.11 million. The estimate points to a change of +3.1% from the year-ago quarter. The consensus estimate for 'Revenues- Olefins and Polyolefins- Americas' stands at $2.88 billion. The estimate points to a change of +5.7% from the year-ago quarter. The combined assessment of analysts suggests that 'Revenues- Olefins and Polyolefins- Europe, Asia, International' will likely reach $2.68 billion. The estimate suggests a change ...

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 2. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This oil refiner and ...

Toll-free teleconference dial-in numbers Participant/Guest toll-free: 877-407-8029 Participant/Guest toll: 201-689-8029 Participant/Guest: CallMe link We are LyondellBasell (NYSE: LYB) – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world's largest producers of po ...