LyondellBasell (LYB) Earnings and Sales Beat Estimates in Q1

LyondellBasell Industries N.V. (LYB) recorded a first-quarter 2024 profit of $473 million or $1.44 per share compared with the year-ago quarter's $474 million or $1.44 per share.LYB posted adjusted earnings of $1.53 per share, down 38.8% from the year-ago quarter figure of $2.50. It beat the Zacks Consensus Estimate of $1.42.The company’s net sales in the first quarter were $9,925 million, which beat the Zacks Consensus Estimate of $9,462.1 million. Net sales decreased around 3.14% from $10,247 million in t ...