Investing.com - LyondellBasell Industries (NYSE:LYB) reported second quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $6.13 on revenue of $11.56B. Analysts polled by Investing.com forecast EPS of $5.3 on revenue of $10.93B. .
For the year, LyondellBasell Industries shares are up 16%, broadly in line with the S&P Global 100 which is up 16.26% year to date.
LyondellBasell Industries follows other major Basic Materials sector earnings this month
On July 22, POSCO reported second quarter EPS of $4.5 on revenue of $15.91B, compared to forecasts of EPS of $3.32 on revenue of $15.51B.
OMV AG PK earnings beat analyst's expectations on Wednesday, with second quarter EPS of $2.32 on revenue of $8.57B. Investing.com analysts expected EPS of $2.01 on revenue of $8.6B
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