LyondellBasell Reports 2022 Earnings

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Go back to LyondellBasell Reports 2022 Earnings

Dow and LyondellBasell upgraded at Credit Suisse as 2023 seen as a trough year for earnings

February 6, 2023 9:36 AM EST

Credit Suisse upgraded shares of Dow (NYSE: DOW) and LyondellBasell Industries (NYSE: LYB) to Outperform on Monday, with analyst Matthew Skowronski telling investors that "the tide is changing."

Skowronski assumed coverage of Dow and also increased the firm's price target on the stock to $68 per share.

The firm... More

LyondellBasell Industries (LYB) Tops Q4 EPS by 8c, Revenues Miss

February 3, 2023 6:31 AM EST

LyondellBasell Industries (NYSE: LYB) reported Q4 EPS of $1.29, $0.08 better than the analyst estimate of $1.21. Revenue for the quarter came in at $10.21 billion versus the consensus estimate of $10.74 billion.

GUIDANCE:

"In January, demand from consumer packaging, oxyfuels and refining markets remained stable.... More