Published on 27 Apr 2022 on Zacks via Yahoo Finance
LyondellBasell (LYB) to Post Q1 Earnings: What's in the Cards?
LyondellBasell Industries N.V. LYB is set to release first-quarter 2022 results on Apr 29, before the opening bell. The company is likely to have benefited from favorable market trends and higher demand for its products in a global economic recovery.
LyondellBasell beat the Zacks Consensus Estimate for earnings in two of the last four quarters, while missing the same twice. It has a trailing four-quarter earnings surprise of roughly 3.3%, on average. The company posted a negative earnings surprise of around 5.7% in the last reported quarter.
Shares of LyondellBasell have declined 2% in the past year compared with a 4.6% fall of the industry.