LyondellBasell Reports 2020 Earnings

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LyondellBasell Industries (LYB) Tops Q4 EPS by 83c

January 29, 2021 6:34 AM UTC

LyondellBasell Industries (NYSE: LYB) reported Q4 EPS of $2.19, $0.83 better than the analyst estimate of $1.36. Revenue for the quarter came in at $7.94 billion versus the consensus estimate of $7.03 billion.

OUTLOOK:

"Improving trends seen in the closing weeks of December are continuing into the first quarter of 2021 and providing a bridge to the seasonal upticks typically seen in our businesses during the second and third quarters. Elevated export demand to... More