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LyondellBasell (LYB) Earnings and Sales Beat Estimates in Q1
LYBLyondellBasell(LYB) Zacks Investment Research·2024-04-26 15:05

LyondellBasell Industries N.V. (LYB) recorded a first-quarter 2024 profit of 473millionor473 million or 1.44 per share compared with the year-ago quarter's 474millionor474 million or 1.44 per share.LYB posted adjusted earnings of 1.53pershare,down38.81.53 per share, down 38.8% from the year-ago quarter figure of 2.50. It beat the Zacks Consensus Estimate of 1.42.Thecompanysnetsalesinthefirstquarterwere1.42.The company’s net sales in the first quarter were 9,925 million, which beat the Zacks Consensus Estimate of 9,462.1million.Netsalesdecreasedaround3.149,462.1 million. Net sales decreased around 3.14% from 10,247 million in t ...