LyondellBasell Industries N.V. (LYB) incurred fourth-quarter 2024 loss of $603 million or $1.87 per share. This is in contrast to the year-ago quarter's profit of $185 million or 56 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.LYB posted adjusted earnings of 75 cents, down from the year-ago quarter figure of $1.26. The bottom line matched the Zacks Consensus Estimate.The company’s net sales in the fourth quarter were $9,497 million, which beat the Zacks Consensus Estimate of ...

LyondellBasell (LYB) reported $9.5 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 4.4%. EPS of $0.75 for the same period compares to $1.26 a year ago.The reported revenue represents a surprise of +1.41% over the Zacks Consensus Estimate of $9.36 billion. With the consensus EPS estimate being $0.75, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectatio ...

LyondellBasell (LYB) came out with quarterly earnings of $0.75 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this oil refiner and chemical company would post earnings of $2.03 per share when it actually produced earnings of $1.88, delivering a surprise of -7.39%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Lyondell ...

NEWS RELEASE FOR IMMEDIATE RELEASE HOUSTON and LONDON, January 31, 2025 LyondellBasell Reports 2024 Earnings LyondellBasell Industries (NYSE: LYB) today announced results for the fourth quarter 2024 and full year 2024. Comparisons with the prior quarter, fourth quarter 2023 and full year 2023 are available in the following table: Table 1 - Earnings Summary | | | Three Months Ended | | Year Ended | | | --- | --- | --- | --- | --- | --- | | | December 31, | September 30, | December 31, | December 31, | Decemb ...

LYB remained sharply focused on executing its three-pillar strategyGenerated $3.8 billion of cash from operating activities with 90% cash conversion1Cash from operating activities funded $1.8 billion of capital expenditures and $1.9 billion in shareholder returns through dividends (with 14th consecutive year of annual dividend growth) and share repurchasesDelivered 65% year-over-year volume growth2 in the company's Circular and Low Carbon Solutions (CLCS) businessAnnounced Agustin Izquierdo to succeed Micha ...

Forbes Community GuidelinesOur community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.In order to do so, please follow the posting rules in our site's Terms of Service.  We've summarized some of those key rules below. Simply put, keep it civil.Your post will be rejected if we notice that it seems to contain:False or intentionally out-of-context or misleading informationSpamInsults, profanity, incoh ...

LyondellBasell Industries N.V. (LYB) is scheduled to report fourth-quarter 2024 earnings on Jan. 31, before the opening bell.See the Zacks Earnings Calendar to stay ahead of market-making news.The company surpassed the Zacks Consensus Estimate in two of the last four quarters and missed twice, with the average earnings surprise being 0.4%. LYB stock has lost 18.1% in the past year compared with the Zacks Chemicals Diversified industry’s 1.5% decline.Image Source: Zacks Investment ResearchLet’s see how thing ...

Core Insights - LyondellBasell (LYB) has signed two significant power purchase agreements (PPAs) in Europe to enhance its commitment to reducing greenhouse gas emissions and stabilizing energy costs [1][4] - The agreements are expected to increase the use of renewable energy, supporting both LYB's operations and its customers' CO2 reduction goals [2][4] Group 1: Power Purchase Agreements - The 15-year agreement with Vattenfall will secure 450 gigawatt-hours (GWh) annually of offshore wind energy for LYB's operations in Germany, including the MoReTec-1 plant [2] - The MoReTec-1 plant is designed to recycle plastic packaging waste generated by over 1.2 million German citizens annually using proprietary technology [2] - A 10-year PPA with wpd will provide 79 GWh annually of onshore wind power from the Licata project in Sicily, Italy, starting in 2026 [3] Group 2: Impact on Operations - The agreements will help integrate renewable energy into the grid, improving infrastructure and reliability [4] - The Ferrara site in Italy, which will benefit from the onshore wind power agreement, is the world's largest for Ziegler-Natta catalyst development and production [3] Group 3: Company Overview - LyondellBasell is a leader in the global chemical industry, focusing on creating sustainable solutions and enabling a circular and low-carbon economy [5] - The company develops high-quality products for various applications, including sustainable transportation, food safety, clean water, and healthcare [5]

LyondellBasell (LYB) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 31, 2025, might help the stock move higher if these key numbers are better tha ...

If you enjoyed this, consider Ian's Insider Corner to enjoy access to similar initiation reports for all the new stocks that we buy. Membership also includes an active chat room, weekly updates, and my responses to your questions.LyondellBasell Industries N.V. (NYSE: LYB ) is one of the world's largest petrochemical producers. With a vast array of operations, primarily in North America and Europe, LyondellBasell is a major player in the plastics space and generates close to $40 billion inIan leads the inves ...