Recap: LyondellBasell Industries Q2 Earnings

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LyondellBasell Industries LYB reported its Q2 earnings results on Friday, July 29, 2022 at 06:30 AM.

Here’s what investors need to know about the announcement.

Earnings

LyondellBasell Industries beat estimated earnings by 12.1%, reporting an EPS of $5.19 versus an estimate of $4.63.

Revenue was up $3.28 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.48 which was followed by a 0.07% drop in the share price the next day.

Here’s a look at LyondellBasell Industries’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 3.52 3.97 5.69 5.11
EPS Actual 4 3.63 5.25 6.13
Revenue Estimate 12.51B 11.95B 11.12B 10.74B
Revenue Actual 13.16B 12.83B 12.70B 11.56B

To track all earnings releases for LyondellBasell Industries visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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Image and article originally from www.benzinga.com. Read the original article here.