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LYB — LyondellBasell Industries News Story

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LyondellBasell Industries NV reports results for the quarter ended June 30 - Earnings Summary

LyondellBasell Industries NV LYB.N reported quarterly adjusted earnings of 62 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.24.  The mean expectation of seventeen analysts for the quarter was for earnings of 80 cents per share. Wall Street expected results to range from 67 cents to $1.03 per share.

Revenue fell 27.5% to $7.66 billion from a year ago; analysts expected $7.52 billion.

LyondellBasell Industries NV's reported EPS for the quarter was 34 cents​.

The company reported quarterly net income of $115 million.

LyondellBasell Industries NV shares had risen by 0.1% this quarter and lost 22.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 26.3% in the last three months.​

In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 12 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the commodity chemicals peer group is  "buy."

Wall Street's median 12-month price target for LyondellBasell Industries NV is $65.00, about 10.9% above its last closing price of $57.93

This summary was machine generated from LSEG data August 1 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.800.62Missed
Mar. 31 20250.430.33Missed
Dec. 31 20240.720.75Beat
Sep. 30 20241.981.88Missed

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