LyondellBasell (LYB) Q2 Earnings Beat Estimates, Sales Lag
LyondellBasell(LYB) ZACKS·2024-08-02 22:06
LyondellBasell Industries N.V. (LYB) recorded a second-quarter 2024 profit of $924 million or $2.82 per share, reflecting an increase of 29.2% from $715 million or $2.18 per share reported a year ago. LYB posted adjusted earnings of $2.24 per share, down 8.2% from the year-ago quarter figure of $2.44. However, adjusted earnings surpassed the Zacks Consensus Estimate of $2.23. The company's net sales in the second quarter were $10,558 million, which lagged the Zacks Consensus Estimate of $10,672.2 million. N ...