LyondellBasell Industries (LYB) Tops Q3 EPS by 16c

LyondellBasell Industries (NYSE: LYB) reported Q3 EPS of $2.85, $0.16 better than the analyst estimate of $2.69. Revenue for the quarter came in at $10.16 billion versus the consensus estimate of $9.81 billion.

GUIDANCE:

"LyondellBasell\'s feedstock flexibility and balanced portfolio of global businesses provides competitive advantage during these periods of increased volatility in energy, natural gas liquids pricing and global trade. We are well-positioned to capture value with expanded access to markets and increased synergies from the integration of A. Schulman and the formation of our new Advanced Polymer Solutions segment. During the fourth quarter, we will advance our U.S. growth projects and expect to drive further operational and business improvements in our Intermediates and Derivatives, Refining and Technology businesses," Patel said.

For earnings history and earnings-related data on LyondellBasell Industries (LYB) click here.

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