LyondellBasell Industries (NYSE:LYB) reported its Q3 earnings results on Friday, October 29, 2021 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
LyondellBasell Industries missed their estimated earnings by 7.73%, reporting an EPS of $5.25 versus an estimate of $5.69, which did not surprise analysts.
Revenue was up $5,924,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.02, which was followed by a 1.19% drop in the share price the next day.
Here’s a look at LyondellBasell Industries’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 5.11 | 2.59 | 1.36 | 1.12 |
| EPS Actual | 6.13 | 3.18 | 2.19 | 1.27 |
| Revenue Estimate | 10.74B | 9.09B | 7.03B | 6.73B |
| Revenue Actual | 11.56B | 9.08B | 7.94B | 6.78B |
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