LyondellBasell Industries Earnings Preview
Portfolio Pulse from Benzinga Insights
LyondellBasell Industries (NYSE:LYB) is scheduled to release its quarterly earnings report on February 2, 2024, with analysts expecting an EPS of $1.31. The company's past earnings performance shows a mix of beats and misses, with the share price reacting variably. Shares were trading at $94.12 as of January 31, marking a 3.77% decline over the last 52 weeks. Investors are looking for positive guidance for the next quarter.
February 01, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
LyondellBasell Industries is expected to report an EPS of $1.31 for the upcoming quarter. The company's stock has seen a 3.77% decline over the past year, with investors closely watching for positive future guidance.
The expected EPS of $1.31 sets a benchmark for LyondellBasell's performance. Given the stock's 3.77% decline over the past year, investors are likely to focus on the company's future guidance for potential recovery signs. The mixed past earnings performance and the subsequent variable stock price reactions indicate uncertainty, hence the neutral score. However, the importance is high due to the potential impact of future guidance on investor sentiment.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100