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These Analysts Slash Their Forecasts On LyondellBasell Industries After Q4 Results
LYBLyondellBasell(LYB) Benzinga·2025-02-03 18:31

Group 1 - LyondellBasell Industries N.V. reported fourth-quarter 2024 revenues of 9.497billion,adecreaseof4.49.497 billion, a decrease of 4.4% year-over-year, exceeding the consensus estimate of 9.225 billion. Adjusted EPS was 75 cents, aligning with consensus expectations [1][3]. - The company is experiencing rapid growth in sustainable product volumes, focusing on value creation through a disciplined Value Enhancement Program, and aims to reward shareholders with a growing dividend [2]. - For 2025, LyondellBasell anticipates seasonal demand improvements in Q1, supported by lower interest rates, moderate inflation, and increased durable goods consumption. The company expects operational alignments with global demand across various segments [3]. Group 2 - Following the earnings announcement, analysts adjusted their price targets for LyondellBasell, with Wells Fargo lowering its target from 95to95 to 90 while maintaining an Overweight rating, UBS reducing its target from 77to77 to 76 with a Neutral rating, and Barclays cutting its target from 90to90 to 80 with an Equal-Weight rating [5].