LyondellBasell Reports First Quarter 2022 Earnings

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Go back to LyondellBasell Reports First Quarter 2022 Earnings

LyondellBasell Industries (LYB) Tops Q1 EPS by 48c

April 29, 2022 6:35 AM EDT

LyondellBasell Industries (NYSE: LYB) reported Q1 EPS of $4.00, $0.48 better than the analyst estimate of $3.52. Revenue for the quarter came in at $13.16 billion versus the consensus estimate of $12.44 billion.

OUTLOOK:

"We expect typical improvements in summer seasonal demand will extend market strength for LyondellBasell's products as the global economy continues to navigate geopolitical uncertainty and volatile costs for energy and feedstocks. Outside of China, we... More