LyondellBasell to Report Q1 Earnings: What's in the Offing?

Core Viewpoint - LyondellBasell Industries N.V. (LYB) is set to report its first-quarter 2025 earnings on April 25, with expectations of a significant revenue decline compared to the previous year [1][3]. Revenue Estimates - The Zacks Consensus Estimate for LYB's first-quarter revenues is $7,593 million, reflecting a decline of approximately 23.5% year-over-year [3]. - Revenue estimates for specific segments include: - Olefins and Polyolefins – Americas: $2,737.8 million, a year-over-year decline of 4.6% [4]. - Olefins and Polyolefins – Europe, Asia & International: $2,550.7 million, indicating a 7.1% decrease from last year [4]. - Advanced Polymer Solutions: $948.4 million, suggesting a 1.7% decline year-over-year [4]. - Intermediaries and Derivatives: $2,472.9 million, a 4.4% decrease from the previous year [5]. - Technology segment: $175.4 million, reflecting an 8.6% fall from a year ago [5]. Factors Influencing Performance - The company is expected to face margin pressures due to increased ethane and natural gas prices, driven by higher winter energy demand [6]. - Operations at O&P-Americas facilities are projected to run at around 80% capacity due to scheduled maintenance and disruptions from Winter Storm Enzo [7][9]. - Despite challenges, LYB anticipates demand gains across most product categories as customers begin restocking after year-end inventory reductions [9]. Earnings Prediction Model - The current model does not predict an earnings beat for LYB, with an Earnings ESP of -11.7% and a Zacks Rank of 5 (Strong Sell) [10][11].