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LyondellBasell (LYB) Earnings and Sales Beat Estimates in Q1
Zacks Investment Research· 2024-04-26 15:05
LyondellBasell Industries N.V. (LYB) recorded a first-quarter 2024 profit of $473 million or $1.44 per share compared with the year-ago quarter's $474 million or $1.44 per share.LYB posted adjusted earnings of $1.53 per share, down 38.8% from the year-ago quarter figure of $2.50. It beat the Zacks Consensus Estimate of $1.42.The company’s net sales in the first quarter were $9,925 million, which beat the Zacks Consensus Estimate of $9,462.1 million. Net sales decreased around 3.14% from $10,247 million in t ...
LyondellBasell (LYB) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-04-26 14:36
LyondellBasell (LYB) reported $9.93 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 3.1%. EPS of $1.53 for the same period compares to $2.50 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $9.46 billion, representing a surprise of +4.89%. The company delivered an EPS surprise of +7.75%, with the consensus EPS estimate being $1.42.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...
LyondellBasell (LYB) Q1 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-04-26 12:41
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 ...
LyondellBasell(LYB) - 2024 Q1 - Quarterly Results
2024-04-26 10:34
NEWS RELEASE FOR IMMEDIATE RELEASE HOUSTON and LONDON, April 26, 2024 LyondellBasell Reports First Quarter 2024 Earnings 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 ...
LyondellBasell Reports First Quarter 2024 Earnings
Prnewswire· 2024-04-26 10:30
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 (LYB) to Post Q1 Earnings: What's in Store?
Zacks Investment Research· 2024-04-24 17:46
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 ...
Unlocking Q1 Potential of LyondellBasell (LYB): Exploring Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-23 14:21
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 ...
Earnings Preview: LyondellBasell (LYB) Q1 Earnings Expected to Decline
Zacks Investment Research· 2024-04-19 15:06
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 ...
LyondellBasell to Discuss First Quarter Results on Friday, April 26, 2024
Prnewswire· 2024-04-12 10:30
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 ...
LyondellBasell demonstrates progress toward industry leadership in 2023 sustainability report
Prnewswire· 2024-04-09 10:30
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 ...