LyondellBasell Reports Second Quarter 2020 Earnings

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LyondellBasell Industries (LYB) Tops Q2 EPS by 3c

July 31, 2020 6:31 AM EDT

LyondellBasell Industries (NYSE: LYB) reported Q2 EPS of $0.68, $0.03 better than the analyst estimate of $0.65. Revenue for the quarter came in at $5.55 billion versus the consensus estimate of $5.66 billion.

OUTLOOK:

"Demand for our products is improving with increased economic activity. In June and July, we raised operating rates and prices in... More