LyondellBasell (LYB) Q2 Earnings Beat Estimates, Sales Lag

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$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 ...