Group 1: Earnings Performance - LyondellBasell reported quarterly earnings of $0.75 per share, matching the Zacks Consensus Estimate, but down from $1.26 per share a year ago [1] - The company had expected earnings of $2.03 per share a quarter ago but reported $1.88, resulting in a surprise of -7.39% [1] - Over the last four quarters, LyondellBasell has surpassed consensus EPS estimates two times [1] Group 2: Revenue Performance - The company posted revenues of $9.5 billion for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 1.41%, but down from $9.93 billion year-over-year [2] - LyondellBasell has topped consensus revenue estimates three times over the last four quarters [2] Group 3: Stock Performance and Outlook - LyondellBasell shares have increased by about 2.5% since the beginning of the year, compared to the S&P 500's gain of 3.2% [3] - The company's earnings outlook will be crucial for future stock movements, with current consensus EPS estimates at $1.36 on $7.65 billion in revenues for the coming quarter and $7.40 on $31.79 billion in revenues for the current fiscal year [7] Group 4: Industry Context - The Chemical - Diversified industry, to which LyondellBasell belongs, is currently in the bottom 8% of the Zacks industries, indicating potential challenges ahead [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact LyondellBasell's stock performance [5]
LyondellBasell (LYB) Q4 Earnings Match Estimates