LyondellBasell (LYB) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $2.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.75%. A quarter ago, it was expected that this oil refiner and chemical company would post earnings of $1.29 per share when it actually produced earnings of $1.26, delivering a surprise of -2.33%.Over the last four ...

NEWS RELEASE FOR IMMEDIATE RELEASE HOUSTON and LONDON, April 26, 2024 LyondellBasell Reports First Quarter 2024 Earnings First Quarter 2024 Highlights Comparisons with the prior quarter and first quarter 2023 are available in the following table: Table 1 - Earnings Summary | | | Three Months Ended | | | --- | --- | --- | --- | | | March 31, | December 31, | March 31, | | Millions of U.S. dollars (except share data) | 2024 | 2023 | 2023 | | Sales and other operating revenues | $9,925 | $9,929 | $10,247 | | N ...

HOUSTON and LONDON, April 26, 2024 /PRNewswire/ -- First Quarter 2024 Highlights Net Income: $473 million, $501 million excluding identified items(a) Diluted earnings per share: $1.44 per share; $1.53 per share excluding identified items EBITDA: $1.0 billion, $1.1 billion excluding identified items Cash used by operating activities: $114 million Cash provided by operating activities of $4.3 billion over last 12 months resulting in 93% cash conversion(b) Returned $408 million in dividends to shareholders ...

LyondellBasell Industries N.V. (LYB) is scheduled to report first-quarter 2024 earnings on Apr 26, 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 roughly 16.8%. It delivered a negative earnings surprise of 2.3% in the last reported quarter. Weaker demand amid economic uncertainties is likely to have hurt LYB’s first-quarter results.The stock has gained 10.5% in the past year against the indust ...

Wall Street analysts expect LyondellBasell (LYB) to post quarterly earnings of $1.48 per share in its upcoming report, which indicates a year-over-year decline of 40.8%. Revenues are expected to be $9.77 billion, down 4.7% from the year-ago quarter.The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a co ...

Wall Street expects a year-over-year decline in earnings on lower revenues when LyondellBasell (LYB) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact 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 released on April 26. On ...

HOUSTON and LONDON, April 12, 2024 /PRNewswire/ -- LyondellBasell, a leader in the global chemical industry, will announce its first-quarter 2024 financial results before the U.S. market opens on Friday, April 26, followed by a webcast and teleconference to discuss the results at 11:00 a.m. EDT.  Teleconference and Webcast Details Friday, April 26, 202411:00 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 http://www.lyondellba ...

HOUSTON and ROTTERDAM, Netherlands, April 9, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today published its annual sustainability report titled, Everyday Sustainability. The publication offers an in-depth review of the company's progress over the last year toward establishing itself as an industry leader in sustainability by focusing on three critical sustainability challenges: ending plastic waste, taking climate action, and supporting a thriving society. LyondellBasell demonstrates progress toward ...

LyondellBasell Industries N.V. (LYB) and Encavis Asset Management AG announced the signing of a power purchase agreement (PPA) to obtain 208 megawatts (MW) of renewable electricity generation capacity from the solar park in Bartow, Germany. This solar park will be among the largest of its kind in Germany.  Encavis AM will provide LyondellBasell with about 210 gigawatt-hours of solar power each year under this 12-year PPA. This is equivalent to the yearly electricity consumption of around 56,500 European hou ...

HOUSTON, 29 maart 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB), een wereldwijde leider in de productie van kunststoffen, chemicaliën, speciale compounds en circulaire oplossingen, kondigde vandaag aan dat het aanwezig zal zijn op aanstaande NPE2024: The Plastics Show. Deze vindt plaats van 6 tot 10 mei 2024 in het Orange County Convention Center in Orlando, Fla. Het bedrijf zal staan op stand nummer S22005 bij de hoofdingang van de zuidelijke hal. "We zijn erg enthousiast om op NPE 2024 te exposeren en o ...