Investing.com - LyondellBasell Industries (NYSE:LYB) reported fourth quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $2.19 on revenue of $7.94B. Analysts polled by Investing.com forecast EPS of $1.36 on revenue of $7B. .
For the year, LyondellBasell Industries shares are down 6.54%, under-performing the S&P 500 which is up 0.83% year to date.
LyondellBasell Industries follows other major Basic Materials sector earnings this month
On Thursday, Sherwin-Williams reported fourth quarter EPS of $5.09 on revenue of $4.49B, compared to forecasts of EPS of $4.85 on revenue of $4.34B.
Southern Copper earnings beat analyst's expectations on Monday, with fourth quarter EPS of $0.76 on revenue of $2.35B. Investing.com analysts expected EPS of $0.7088 on revenue of $2.03B
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