LyondellBasell (LYB) Q1 Earnings Miss Estimates

Core Viewpoint - LyondellBasell reported quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.36 per share, and showing a significant decline from $1.53 per share a year ago, indicating a challenging financial performance for the company [1][2]. Financial Performance - The company posted revenues of $7.68 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.10%, but down from $9.93 billion year-over-year [2]. - Over the last four quarters, LyondellBasell has exceeded consensus revenue estimates three times, but has only surpassed EPS estimates once [2]. Stock Performance - LyondellBasell shares have declined approximately 20.2% since the beginning of the year, contrasting with the S&P 500's decline of 6.8% [3]. - The stock currently holds a Zacks Rank of 5 (Strong Sell), indicating expectations of underperformance in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.40 on revenues of $7.91 billion, and for the current fiscal year, it is $4.49 on revenues of $31.11 billion [7]. - The trend of estimate revisions for LyondellBasell has been unfavorable leading up to the earnings release, which may impact future stock movements [6]. Industry Context - The Chemical - Diversified industry, to which LyondellBasell belongs, is currently ranked in the bottom 14% of over 250 Zacks industries, suggesting a challenging environment for companies in this sector [8].