LyondellBasell Industries NV (NYSE:LYB) reported its third-quarter results, revealing a non-GAAP earnings per share (EPS) of $1.01. This figure surpassed analysts' expectations by approximately $0.21, indicating stronger adjusted performance than initially anticipated. The earnings release was made public on schedule as part of the company’s regular quarterly reporting cycle.
The results reflect LyondellBasell's operations in the chemicals and refining sectors, where the company continues to navigate a challenging market environment. While the adjusted EPS increased on the back of cost-control and cash-improvement measures, the company also reported a GAAP net loss of $890 million, or $2.77 per share, due to roughly $1.2 billion in non-cash asset impairments. Revenue for the quarter was about $7.72 billion. These results highlight the company’s efforts to maintain stability despite ongoing margin pressure in key markets.
#Investor Takeaway
The adjusted earnings beat may support investor confidence, though the reported GAAP loss underscores ongoing headwinds in refining and chemical margins.
#Market Impact
The positive adjusted EPS surprise could attract renewed interest in LyondellBasell’s shares, potentially supporting short-term price movement. However, investors may weigh this against the underlying net loss and continued market softness across the sector.
#What’s Next
Investors should track LyondellBasell’s upcoming earnings call for further insights into operational strategies, cost-efficiency plans, and the company’s outlook for year-end 2025.
#About LyondellBasell Industries
LyondellBasell Industries N.V. (NYSE: LYB) is one of the largest plastics, chemicals, and refining companies in the world. Headquartered in Houston, Texas, and Rotterdam, the Netherlands, the company operates across more than 100 countries. Its businesses produce materials and products that are key to modern life — including polyolefins, advanced polymers, fuels, and chemical intermediates used in packaging, construction, automotive, and clean energy applications.
LyondellBasell is a global leader in polypropylene and polyethylene technologies and licenses its manufacturing processes worldwide. The company focuses on circular and low-carbon solutions, investing in chemical recycling and sustainable polymer innovation to reduce environmental impact.