LyondellBasell Industries: Q3 Earnings Insights

LyondellBasell Industries: Q3 Earnings Insights

LyondellBasell Industries LYB reported its Q3 earnings results on Friday, October 28, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

LyondellBasell Industries missed estimated earnings by 35.1%, reporting an EPS of $1.96 versus an estimate of $3.02.

Revenue was down $450.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.56 which was followed by a 0.63% increase in the share price the next day.

Here's a look at LyondellBasell Industries's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 4.63 3.52 3.97 5.69
EPS Actual 5.19 4 3.63 5.25
Revenue Estimate 13.72B 12.51B 11.95B 11.12B
Revenue Actual 14.84B 13.16B 12.83B 12.70B

To track all earnings releases for LyondellBasell Industries visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings