Investing.com - LyondellBasell Industries (NYSE:LYB) reported first quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $4 on revenue of $13.15B. Analysts polled by Investing.com forecast EPS of $3.53 on revenue of $12.65B. .
For the year, LyondellBasell Industries shares are up 42%, outperforming the S&P 500 which is down 10.04% year to date.
LyondellBasell Industries follows other major Materials sector earnings this month
On Wednesday, Vale ADR reported first quarter EPS of $0.93 on revenue of $10.81B, compared to forecasts of EPS of $0.9476 on revenue of $12.09B.
Sherwin-Williams earnings beat analyst's expectations on Tuesday, with first quarter EPS of $1.61 on revenue of $5B. Investing.com analysts expected EPS of $1.54 on revenue of $4.91B
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