LyondellBasell (LYB) Q2 Earnings Beat Estimates, Sales Lag
LYBLyondellBasell(LYB) ZACKS·2024-08-02 22:06

LyondellBasell Industries N.V. (LYB) recorded a second-quarter 2024 profit of 924millionor924 million or 2.82 per share, reflecting an increase of 29.2% from 715millionor715 million or 2.18 per share reported a year ago.LYB posted adjusted earnings of 2.24pershare,down8.22.24 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.Thecompanysnetsalesinthesecondquarterwere2.23.The company’s net sales in the second quarter were 10,558 million, which lagged the Zacks Consensus Estimate of $10,672.2 million. Net ...