Investing.com - LyondellBasell Industries (NYSE:LYB) reported fourth quarter earnings that missed analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $2.18 on revenue of $12.83B. Analysts polled by Investing.com expected EPS of $3.98 on revenue of $11.96B. .
For the year, LyondellBasell Industries shares are up 2%, outperforming the S&P Global 100 which is down 5.94% year to date.
LyondellBasell Industries follows other major Materials sector earnings this month
On Thursday, Sherwin-Williams reported fourth quarter EPS of $1.34 on revenue of $4.76B, compared to forecasts of EPS of $1.68 on revenue of $4.76B.
Freeport-McMoran earnings beat analyst's expectations on Wednesday, with fourth quarter EPS of $0.96 on revenue of $6.16B. Investing.com analysts expected EPS of $0.9519 on revenue of $6.48B
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