Key Takeaways Air Products posted Q1 adjusted EPS of $3.16, beating estimates, as revenue climbed 5.8% year over year.APD cited a favorable mix and lower costs, with Americas, Europe and Asia sales higher.Air Products guided fiscal 2026 adjusted EPS of $12.85-$13.15 and about $4 billion in capital spending.Air Products and Chemicals, Inc. (APD) logged first-quarter fiscal 2026 (ended Dec. 31, 2025) earnings of $3.04 per share, up from $2.77 recorded in the year-ago quarter. The growth was due to a favorable ...

Core Insights - LyondellBasell Industries N.V. (LYB) reported a fourth-quarter 2025 loss of $140 million or 45 cents per share, an improvement from a loss of $603 million or $1.87 per share in the same quarter last year [1] - The adjusted loss was 26 cents per share, down from earnings of 77 cents in the prior year, missing the Zacks Consensus Estimate of 18 cents [1] Financial Performance - Net sales for the quarter were $7,091 million, exceeding the Zacks Consensus Estimate of $6,984.4 million, but down approximately 9.2% from $7,808 million in the prior-year quarter [2] - The company generated $2.3 billion in cash from operating activities in 2025, with $450 million spent on capital expenditures in the fourth quarter and $1.9 billion for the year [6] - LyondellBasell distributed $2 billion to shareholders through dividends and share buybacks in 2025, ending the quarter with $3.45 billion in cash and cash equivalents and $8.1 billion in total available liquidity [6] Segment Performance - The Olefins & Polyolefins — Americas segment saw revenues decline by about 15.1% year over year to $2,337 million, missing the consensus estimate of $2,536 million [3] - The Olefins & Polyolefins — Europe, Asia, and international segment revenues fell 5.5% year over year to $2,336 million, also missing the consensus estimate of $2,378 million [4] - The Intermediates and Derivatives segment reported sales of $2,153 million, a decline of roughly 9% year over year, missing the consensus estimate of $2,203 million [4] - Advanced Polymer Solutions revenues were $777 million, down around 6% year over year, missing the consensus estimate of $837 million [4] - The Technology segment's revenues increased by approximately 2% to $177 million, surpassing the consensus estimate of $137 million [5] Outlook - The company is managing feedstock and energy price volatility, with expectations for polyethylene price increases in North America due to tight inventories and seasonal demand recovery in Europe [7] - LyondellBasell plans to align operating rates with global demand, targeting 85% utilization in Olefins & Polyolefins Americas, 75% in Olefins & Polyolefins EAI, and 85% in Intermediates & Derivatives [8] - The Cash Improvement Plan target has been raised from $1.1 billion to $1.3 billion by the end of 2026 [10] Stock Performance - LyondellBasell's shares have declined by 34% over the past year, compared to a 21.7% decline in the Zacks Chemicals Diversified industry [11]

Key Takeaways EMN reported Q4 EPS of 75 cents and revenue of $1.97B, both down year over year and below consensus.EMN faced weak consumer discretionary demand and acetate tow destocking that pressured volumes and prices.Eastman Chemical beat its cost-savings goal and sees Q1 adjusted EPS of $1.00-$1.20.Eastman Chemical Company (EMN) logged fourth-quarter 2025 earnings of 92 cents per share, a roughly 67% decline from the year-ago quarter's figure of $2.82.EMN posted adjusted earnings of 75 cents per share, ...

Key Takeaways Dow beat Q4 adjusted earnings estimates but posted a wider loss and a 9% sales decline.DOW saw lower prices and volumes hit results, with volume down 2% and prices falling 8%.DOW launched Transform to Outperform, targeting at least $2B in near-term EBITDA gains.Dow Inc. (DOW) recorded a loss (on a reported basis) of $1,543 million or $2.15 per share for fourth-quarter 2025, wider than a loss of $53 million or 8 cents per share a year ago. The bottom line was hurt by lower prices and volumes.On ...

Key Takeaways LyondellBasell will release Q4 2025 results before the opening bell on Jan. 30.Lower operating rates, idled units and seasonality are expected to weigh on volumes and margins.LYB faces headwinds from higher feedstock costs and weak demand in the fourth quarter.LyondellBasell Industries N.V. (LYB) is set to release fourth-quarter 2025 results before the opening bell on Jan. 30.LyondellBasell beat the Zacks Consensus Estimate for earnings in one of the trailing four quarters, missed it twice and ...

Key Takeaways Dow will release Q4 2025 results before the opening bell on Jan. 29.DOW faces headwinds from soft demand in Europe and Asia, weaker prices and higher feedstock costs.DOW targets $1 billion in cost cuts and sees $400 million in 2025 benefits.Dow Inc. (DOW) is scheduled to come up with fourth-quarter 2025 results before the opening bell on Jan. 29.DOW surpassed the Zacks Consensus Estimate in two of the trailing four quarters and missed twice. It has a trailing four-quarter negative earnings sur ...

Core Insights - Huntsman Corporation reported a narrower loss of 14 cents per share in Q3 2025, compared to a loss of 19 cents per share in the same quarter last year, and adjusted loss per share was 3 cents, better than the expected loss of 13 cents [1][9] Revenue Performance - Revenues for Huntsman Corporation were $1,460 million, reflecting a 5% year-over-year decline, but exceeded the Zacks Consensus Estimate of $1,443.4 million [2][9] - The Polyurethanes segment saw revenues decrease by 5% to $956 million, missing the estimate of $971 million due to lower average selling prices despite higher sales volumes [3] - Performance Products revenues fell 12% to $246 million, below the estimate of $256 million, primarily due to lower sales volumes and prices [4] - Advanced Materials revenues increased by 2% to $265 million, surpassing the estimate of $261 million, driven by higher average selling prices [4] Financial Highlights - Free cash flow from continuing operations was $157 million, up from $93 million in the prior-year quarter [5] - The company had approximately $1.4 billion in combined cash and unused borrowing capacity as of September 30, 2025 [5] - Net cash provided by operating activities from continuing operations was $200 million in the reported quarter [5] Strategic Outlook - Huntsman Corporation emphasized cost management and cash generation as top priorities, with restructuring programs expected to yield over $100 million in savings [6] - The company reduced its annual dividend to 35 cents per share, a 65% decrease, to maintain financial flexibility amid challenging economic conditions [7] Stock Performance - Huntsman shares have declined by 58.5% over the past year, compared to a 37% decline in the Zacks Chemicals Diversified industry [8]

Core Insights - Albemarle Corporation (ALB) reported adjusted losses of 19 cents per share in Q3 2025, a significant improvement from losses of $1.55 per share a year ago, and better than the Zacks Consensus Estimate of a loss of 92 cents [1][9] - Revenues decreased by approximately 3.5% year over year to $1,307.8 million, surpassing the Zacks Consensus Estimate of $1,292 million, impacted by lower prices in the Energy Storage segment but partially offset by volume growth [2][9] - Adjusted EBITDA for the quarter was $225.6 million, an increase from $211.5 million in the prior-year quarter, driven by lower input costs and cost reduction efforts [2] Segment Performance - The Energy Storage unit's sales fell around 7.6% year over year to $708.8 million, exceeding the consensus estimate of $678 million, with the decline attributed to reduced pricing but offset by an 8% increase in sales volumes [3] - The Specialties segment recorded sales of $345 million, up approximately 0.8% year over year but below the consensus estimate of $349 million, with foreign exchange benefits offsetting lower volume [4] - The Ketjen unit achieved revenues of $254.1 million, up roughly 3.7% year over year, beating the consensus estimate of $248 million, although higher volumes were partially offset by lower prices [4] Financial Position - Albemarle ended the quarter with cash and cash equivalents of approximately $1,931.8 million, an increase from $1,664.5 million in the prior-year quarter, while long-term debt rose to around $3,181 million, up about 2% sequentially [5] - Cash from operations for the first nine months of 2025 was around $893.8 million, reflecting a 29% increase from the prior-year period [5] 2025 Outlook - The company is implementing measures to enhance costs, productivity, and efficiencies, raising its full-year outlook for the enterprise and Energy Storage segments, expecting results near the higher end of the earlier $9/kg forecast range due to strong performance and higher lithium prices [6] - Capital expenditures for full-year 2025 are projected to be roughly $600 million, with depreciation and amortization expenses estimated between $630-$670 million [7]

Core Insights - Air Products and Chemicals, Inc. (APD) reported fourth-quarter fiscal 2025 earnings from continuing operations of 2 cents per share, a significant decline from $8.81 in the same quarter last year. Adjusted earnings per share were $3.39, down from $3.56, missing the Zacks Consensus Estimate of $3.41 [1][8] Revenue Performance - The company generated revenues of $3,166.9 million, a decrease of approximately 1% year over year, falling short of the Zacks Consensus Estimate of $3,217.7 million. The decline was attributed to lower volumes, although it was somewhat offset by higher energy cost pass-through and favorable currency effects [2][8] - In the Americas segment, revenues decreased by 1% year over year to $1,290.1 million, missing the Zacks Consensus Estimate of $1,357 million. This decline was primarily due to lower volumes, partially mitigated by higher energy cost pass-through and increased pricing [3] - The Europe segment saw a 1% increase in revenues year over year to $789.4 million, surpassing the Zacks Consensus Estimate of $784 million. This growth was driven by higher energy cost pass-through and favorable currency, which offset lower volumes and reduced pricing [4] - Revenues in the Asia segment rose by 8% year over year to $869.8 million, driven by higher volumes, favorable currency exchange impacts, and increased pricing, although it missed the Zacks Consensus Estimate of $876 million [4] Financial Position - At the end of the fiscal fourth quarter, the company had cash and cash equivalents of approximately $1,856 million, a decrease of around 38% year over year. Long-term debt increased to $16,769.9 million, up roughly 25% year over year [5] Future Outlook - The company anticipates adjusted earnings per share for fiscal 2026 to be in the range of $12.85 to $13.15. For the first quarter of fiscal 2026, adjusted earnings are projected to be between $2.95 and $3.10. Additionally, capital expenditures for the full fiscal year are expected to be around $4 billion [6][8] Stock Performance - Over the past year, the company's shares have declined by 24.1%, compared to a 40.3% decline in the Zacks Chemicals Diversified industry [7]

Core Insights - Eastman Chemical Company (EMN) reported third-quarter 2025 earnings of 40 cents per share, a decline of approximately 74% from $1.53 in the same quarter last year [1] - Adjusted earnings were $1.14 per share, down from $2.26 year over year, and below the Zacks Consensus Estimate of $1.18 [1] - Revenues for the third quarter were $2,202 million, a decrease of around 10.6% year over year, missing the Zacks Consensus Estimate of $2,242 million [1] Segment Performance - **Advanced Materials**: Sales fell 7% year over year to $728 million, missing the estimate of $742.1 million due to lower sales volume and weak demand in high-value consumer discretionary markets [3] - **Additives & Functional Products**: Sales were $716 million, down 4% from the previous year, missing the estimate of $735.4 million, impacted by lower sales volume and weak demand in building and construction and auto refinish markets [4] - **Chemical Intermediaries**: Sales decreased 16% year over year to $499 million, missing the estimate of $514.4 million, due to an 8% decline in sales volume from weak market demand in North American building and construction [5] - **Fibers**: Sales reported at $254 million, down 24% year over year, lagging behind the estimate of $286.8 million, primarily due to lower acetate tow volume [6] Financial Overview - The company ended the quarter with cash and cash equivalents of $489 million and net debt of $4,586 million [7] - Operating cash flow was $402 million, up approximately 1.5% year over year [7] - EMN returned $146 million to shareholders through dividends and share repurchases during the quarter [7] Guidance and Outlook - EMN anticipates a challenging global macroeconomic environment with cautious customer behavior due to changing tariffs and soft demand [8] - The company aims to cut over $75 million in costs this year and approximately $100 million in 2026, focusing on lower shutdown expenses and improved plant efficiency [8] - Full-year adjusted earnings are projected to be between $5.40 and $5.65 per share, with an expected operating cash flow of around $1 billion [9] Stock Performance - EMN's shares have declined by 40.2% over the past year, compared to a 36.1% decline in the Zacks Chemicals Diversified industry [11]