Investing.com - LyondellBasell Industries (NYSE:LYB) reported third quarter earnings that missed analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $5.25 on revenue of $12.7B. Analysts polled by Investing.com anticipated EPS of $5.69 on revenue of $11.28B. .
For the year, LyondellBasell Industries shares are up 5.11%, under-performing the S&P 500 which is up 22.37% year to date.
LyondellBasell Industries follows other major Basic Materials sector earnings this month
On Tuesday, Sherwin-Williams reported third quarter EPS of $2.09 on revenue of $5.15B, compared to forecasts of EPS of $2.13 on revenue of $5.09B.
BASF ADR earnings beat analyst's expectations on Wednesday, with third quarter EPS of $0.4522 on revenue of $22.81B. Investing.com analysts expected EPS of $0.4387 on revenue of $20.64B
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