LyondellBasell shares jump after beating Q3 earnings expectations By Investing.com
Update: 2025-10-31
Description
LyondellBasell Industries surprised Wall Street with its third quarter earnings, posting adjusted earnings of $1.01 per share, beating analyst estimates of $0.80. Revenue hit $7.73 billion, exceeding expectations of $7.39 billion. Despite a net loss of $890 million due to accounting adjustments, the company's core business generated $835 million in EBITDA, indicating a healthy performance. Investors were reassured by the company's cash improvement plan, strong liquidity position, and shareholder returns. The Americas and Intermediates and Derivatives segments drove results with improved profitability and higher premiums. However, the company anticipates softer fourth quarter results due to typical year-end slowdowns and plans to adjust output to match global demand.
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