LyondellBasell Reports 2017 Earnings

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LyondellBasell Industries (LYB) Tops Q4 EPS by 17c

February 2, 2018 6:49 AM UTC

LyondellBasell Industries (NYSE: LYB) reported Q4 EPS of $2.73, ex-tax benefit, $0.17 better than the analyst estimate of $2.56. Revenue for the quarter came in at $9.14 billion versus the consensus estimate of $8.79 billion.

"In 2017 we demonstrated the strength of our earnings performance under dynamic market conditions. Against a backdrop of substantial new capacity in our industry, LyondellBasell increased volumes, improved EBITDA and raised earnings. The complementary performance of our two... More