Shares of LyondellBasell Industries LYB moved higher by 3.1% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share were up 14.06% year over year to $2.19, which beat the estimate of $1.36.
Revenue of $7,937,000,000 declined by 2.96% from the same period last year, which beat the estimate of $7,030,000,000.
Guidance
LyondellBasell Industries hasn't issued any earnings guidance for the time being.
LyondellBasell Industries hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Jan 29, 2021
Time: 11:00 AM
ET Webcast URL: https://www.lyondellbasell.com/en/news-events/events/
Price Action
Company's 52-week high was at $99.86
52-week low: $33.71
Price action over last quarter: Up 25.16%
Company Description
LyondellBasell Industries NV is a petrochemical producer with operations in the U.S. and Europe. It operates in six segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Advanced Polymer Solutions (APS), Refining and Technology. The company is a major producer of polyethylene, the world's largest producer of polypropylene, and the second- largest producer of propylene oxide. Its chemicals are used in various consumer and industrial end products. Substantially, all of the company's revenue is derived from product sales.
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