FMP
Apr 26, 2025(Last modified: Apr 28, 2025)
LyondellBasell (NYSE:LYB) is a leading global chemical company, known for its production of plastics, chemicals, and refining products. With operations in over 100 countries, it serves a diverse range of industries, including packaging, electronics, and automotive. LyondellBasell competes with other major chemical industry players like Dow Inc. and BASF. Recently, the company received an upgrade to "Buy" from Fermium Research, indicating a positive market outlook.
Despite the optimistic upgrade, LyondellBasell's financial results for Q1 2025 presented some challenges. The company reported a revenue of $7.68 billion, marking a 22.7% decline from the previous year. However, this figure still managed to exceed the Zacks Consensus Estimate of $7.59 billion, resulting in a positive surprise of 1.10%. This suggests that while revenue has decreased, it still surpassed analyst expectations.
The company's earnings per share (EPS) for the first quarter were $0.33, a significant decrease from $1.53 in the previous year. This EPS also fell short of the consensus estimate of $0.36, leading to a negative surprise of 8.33%. These figures underscore the importance of comparing key financial metrics to both year-ago values and analyst estimates to gauge LyondellBasell's financial health accurately.
Currently, LYB's stock price stands at $59.44, reflecting a slight increase of 0.32% or $0.19. The stock has experienced fluctuations, with a low of $57.16 and a high of $59.88 today. Over the past year, LYB has reached a peak of $107.02 and a trough of $51.11. The company's market capitalization is approximately $19.19 billion, with a trading volume of 4,634,110 shares today.
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