LyondellBasell (LYB) reported $9.93 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 2.7%. EPS of $1.26 for the same period compares to $1.29 a year ago.The reported revenue represents a surprise of -4.39% over the Zacks Consensus Estimate of $10.38 billion. With the consensus EPS estimate being $1.29, the EPS surprise was -2.33%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

LyondellBasell (LYB) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.33%. A quarter ago, it was expected that this oil refiner and chemical company would post earnings of $1.98 per share when it actually produced earnings of $2.46, delivering a surprise of 24.24%.Over the last four ...

HOUSTON and LONDON, Feb. 2, 2024 /PRNewswire/ -- Fourth Quarter 2023 Highlights  Net Income: $185 million, $411 million excluding identified items(a) Diluted earnings per share: $0.56 per share, $1.26 per share excluding identified items EBITDA: $639 million, $910 million excluding identified items Generated $1.5 billion of cash from operating activities resulting in 171% cash conversion(b) Returned $406 million in dividends to shareholders Took final investment decision to build first commercial-scale cat ...

LyondellBasell Industries N.V. (LYB) and MSI Technology, LLC announced an agreement wherein MSI Technology will serve the LyondellBasell Polybutene-1 (PB-1) resin line in consumer packaging applications in North America. MSI Technology is also the sales representative for LyondellBasell's Plexar product range.The collaboration is a strategic fit for MSI Technology's current markets. It will employ its technical sales approach, paired with its present specialty product portfolio, to expand its consumer packa ...

HOUSTON, Jan. 30, 2024 /PRNewswire/ -- LyondellBasell (NYSE: LYB) and MSI Technology, LLC announced today they have entered into an agreement for MSI Technology to serve the LyondellBasell Polybutene-1 (PB-1) resin line into consumer packaging applications for North America. MSI Technology is also the sales representative for the LyondellBasell Plexar product line. The expansion of the relationship is a strategic fit relative to the markets MSI Technology serves today. MSI Technology will use its technical ...

Wall Street analysts expect LyondellBasell (LYB) to post quarterly earnings of $1.29 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $10.38 billion, up 1.8% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this tim ...

LyondellBasell Industries N.V. (LYB) is scheduled to report fourth-quarter 2023 earnings before the opening bell on Feb 2.The company surpassed the Zacks Consensus Estimate in each of the last four quarters, the average earnings surprise being roughly 22%. It delivered an earnings surprise of 24.2% in the last reported quarter. Weaker demand in most industries and higher feedstock and energy costs are likely to have impacted LYB’s fourth-quarter results.The stock has lost 1.5% in the past year compared with ...

The market expects LyondellBasell (LYB) to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended December 2023. 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 earnings report, which is expected to be released on February 2, 2024, might help the stock move higher if these k ...

LyondellBasell Industries N.V. (LYB) recently launched Petrothene T3XL7420, a cross-linkable, all-in-one flame-retardant compound that is projected to result in significant cost reductions while streamlining manufacturing processes.This product offering also raises the quality of end products for wire makers in the automotive and appliance industries. LyondellBasell developed this novel compound in response to customer demand and industry needs to optimize production line speeds and improve manufacturing ef ...

BlackJack3D A huge global company making plastic resins and other chemicals, LyondellBasell Industries (NYSE:LYB) is a huge company operating internationally, and they are also operating an oil refinery in Houston, Texas. One of the world's largest providers of Olefins and Polyfins, LyondellBasell offers products to different industries, and has steadily been expanding their business with generated cash flow. Understanding LyondellBasell One word: plastics. Actually it might take more than one word to speci ...