LyondellBasell Industries NV LYB.N reported quarterly adjusted earnings of 33 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.53. The mean expectation of nineteen analysts for the quarter was for earnings of 43 cents per share. Wall Street expected results to range from 18 cents to 89 cents per share.
Revenue fell 22.6% to $7.68 billion from a year ago; analysts expected $7.47 billion.
LyondellBasell Industries NV's reported EPS for the quarter was 54 cents.
The company reported quarterly net income of $175 million.
LyondellBasell Industries NV shares had fallen by 15.8% this quarter and lost 20.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 65.6% in the last three months.
In the last 30 days, twelve analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 16 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the commodity chemicals peer group is also "hold"
Wall Street's median 12-month price target for LyondellBasell Industries NV is $70.00
This summary was machine generated from LSEG data April 25 at 02:22 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Mar. 31 2025 | 0.43 | 0.33 | Missed |
Dec. 31 2024 | 0.72 | 0.75 | Beat |
Sep. 30 2024 | 1.98 | 1.88 | Missed |
Jun. 30 2024 | 2.23 | 2.24 | Beat |
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