LyondellBasell Q3 adjusted EPS misses estimates

LyondellBasell Industries

30/10/2026 10:41

Overview
Global chemical producer's Q3 revenue rose yr/yr to $8.5 bln
Adjusted EPS for Q3 slightly missed analyst expectations
Company benefited from higher profitability in Intermediates and Derivatives, especially oxyfuels

Outlook
Company expects Middle East conditions to remain fluid, with recovery likely to be gradual
LyondellBasell expects normal seasonal demand and ongoing supply uncertainty in Q4
Company expects Q4 operating rates: 85% for North American O&P, 60% for European O&P, 75% for I&D

Result Drivers
PORTFOLIO FLEXIBILITY - Co said optimizing feedstocks, targeting attractive markets and adjusting operating rates supported results
OXYFUELS AND DERIVATIVES - Co cited strong oxyfuels margins and higher Intermediates and Derivatives profitability as key drivers
COST DISCIPLINE - Co said ongoing focus on cost discipline and operational reliability helped maintain margins

Company press release: ID:nGNX6nRznr

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales and other operating revenues
 
$8.50 bln
 
Q3 Adjusted EPS
Miss
$2.54
$2.57 (18 Analysts)
Q3 EPS
 
$2.32
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy", 10 "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 N.V. is $66.00, about 1% below its October 29 closing price of $65.37
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 7 three months ago

Reuters Recommended Reads
Oct 29 - Eastman Chemical Q3 revenue, profit miss analyst estimates on higher costs
Oct 29 - Olin Q3 revenue misses estimates; sees lower Q4 adjusted EBITDA
Oct 29 - Germany's Wacker Chemie Q3 EBITDA nearly doubles on cost savings

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)