earnings
confidence high
sentiment negative
materiality 0.85
LyondellBasell Q3 net income drops to $572M from $1.64B in Q2; adjusted EPS $1.96
LyondellBasell Industries N.V.
2022-Q3 EPS reported
$10.74
revenue$40,245,000,000
- Net income $572M ($1.75 diluted EPS) vs Q2 $1.64B ($4.98); adjusted net income $642M ($1.96).
- Sales $12.25B, down from $14.84B in Q2 and $12.70B in Q3 2021.
- EBITDA $1.1B ($1.2B ex items); ROIC 19% trailing 12 months; operating cash flow $1.4B.
- Returned $550M via dividends and buybacks; launched $750M annual EBITDA improvement program.
- Recorded $69M impairment and $92M refinery exit costs in Q3.