LyondellBasell Swings to Q4 Adjusted Loss, Sales Fall

MT Newswires Live01-30

LyondellBasell Industries (LYB) reported a Q4 adjusted loss Friday of $0.26 per diluted share, swinging from earnings of $0.77 a year earlier.

Analysts polled by FactSet expected non-GAAP EPS of $0.11.

Sales and other operating revenue for the quarter ended Dec. 31 was $7.09 billion, compared with $7.81 billion a year earlier.

The company's shares were up 2.1% in recent premarket activity.

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