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LyondellBasell Industries Earnings, Revenue beat in Q3

Investing.com - LyondellBasell Industries (NYSE:LYB) reported third quarter earnings that beat analyst's expectations on Tuesday and revenue that topped forecasts.

The firm reported earnings per share of $2.85 on revenue of $10.16B. Analysts polled by Investing.com forecast EPS of $2.69 on revenue of $9.8B. That compared to EPS of $2.41 on revenue of $8.52B in the same period a year earlier. The company had reported EPS of $3.34 on revenue of $10.21B in the previous quarter.

For the year, LyondellBasell Industries shares are up 19.35%, outperforming the S&P Global (NYSE:SPGI) 100 which is down 3.51% year to date.

LyondellBasell Industries follows other major Basic Materials sector earnings this month


On Thursday, VALE reported third quarter EPS of $0.27 on revenue of $9.54B, compared to forecasts of EPS of $0.38 on revenue of $9.47B.

BASF ADR earnings beat analyst's expectations on Friday, with third quarter EPS of $0.43 on revenue of $17.74B. Investing.com analysts expected EPS of $0.4 on revenue of $17.55B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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