LyondellBasell(LYB)

Search documents
LyondellBasell (LYB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-02 22:30
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(LYB) - 2024 Q2 - Earnings Call Transcript
2024-08-02 18:57
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 - ...
LyondellBasell(LYB) - 2024 Q2 - Earnings Call Presentation
2024-08-02 18:56
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(LYB) - 2024 Q2 - Quarterly Report
2024-08-02 16:22
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-34726 | --- | --- | --- | |----------------------------------------------------------------------------|------------------ ...
LyondellBasell (LYB) Q2 Earnings Beat Estimates, Sales Lag
ZACKS· 2024-08-02 14:06
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) Surpasses Q2 Earnings Estimates
ZACKS· 2024-08-02 12:46
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 ...
LyondellBasell(LYB) - 2024 Q2 - Quarterly Results
2024-08-02 10:34
NEWS RELEASE FOR IMMEDIATE RELEASE HOUSTON and LONDON, August 2, 2024 LyondellBasell Reports Second Quarter 2024 Earnings 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 sha ...
LyondellBasell Reports Second Quarter 2024 Earnings
Prnewswire· 2024-08-02 10:30
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 (LYB) to Report Q2 Earnings: What's in Store?
ZACKS· 2024-07-31 14:20
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 ...
What Analyst Projections for Key Metrics Reveal About LyondellBasell (LYB) Q2 Earnings
ZACKS· 2024-07-30 14:21
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 ...