Market Overview

Recap: LyondellBasell Industries Q1 Earnings


Shares of LyondellBasell Industries (NYSE:LYB) were unchanged in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 32.88% year over year to $1.47, which missed the estimate of $1.50.

Revenue of $7,494,000,000 less by 14.63% year over year, which missed the estimate of $7,600,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: May 01, 2020

Time: 01:04 PM ET

Webcast URL:

Recent Stock Performance

Company's 52-week high was at $98.91

52-week low: $33.71

Price action over last quarter: down 26.48%

Company Overview

LyondellBasell Industries NV is a petrochemical producer with operations in the U.S. and Europe. It operates in six segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Advanced Polymer Solutions (APS), Refining and Technology. The company is a major producer of polyethylene, the world's largest producer of polypropylene, and the second- largest producer of propylene oxide. Its chemicals are used in various consumer and industrial end products. Substantially, all of the company's revenue is derived from product sales.


Related Articles (LYB)

View Comments and Join the Discussion!

Posted-In: Earnings News