Benzinga | Jul 31, 2020 06:38AM EDT

LyondellBasell Industries Q2 Adj. EPS $0.68 Beats $0.65 Estimate, Sales $5.55B Miss $5.66B Estimate

LyondellBasell Industries (NYSE:LYB) reported quarterly earnings of $0.68 per share which beat the analyst consensus estimate of $0.65 by 4.62 percent. This is a 74.81 percent decrease over earnings of $2.70 per share from the same period last year. The company reported quarterly sales of $5.55 billion which missed the analyst consensus estimate of $5.66 billion by 2.01 percent. This is a 38.70 percent decrease over sales of $9.05 billion the same period last year.