Categories Earnings, Other Industries
Earnings Summary: A snapshot of LyondellBasell’s Q2 2024 report
LyondellBasell Industries (NYSE: LYB), a leading chemical company that produces polymers, has reported operating results for the second quarter of fiscal 2024
- Second-quarter net income increased to $924 million or $2.82 per share from $715 million or $2.18 per share in the year-ago quarter
- Excluding special items, adjusted profit was $2.24 per share in the June quarter, vs. $2.44 per share in the prior-year quarter
- Sales and other operating revenues rose to $10.56 billion in Q2 from $9.93 billion a year earlier
- EBITDA came in at $1.6 billion in the second quarter; excluding special items, adjusted EBITDA was $1.4 billion
- Cash from operating activities was $1.3 billion at the end of the quarter; the management raised the quarterly dividend by 7% to $1.34 per share
- The company returned $513 million to shareholders through dividends and share repurchases during the quarter
- For Q3, the company expects margins to continue to benefit from low costs for natural gas and natural gas liquids
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
United Airlines (UAL) Earnings: 4Q24 Key Numbers
United Airlines (NASDAQ: UAL) reported total operating revenue of $14.7 billion for the fourth quarter of 2024, up 7.8% compared to the same period last year. Net income increased 64%
Highlights of Abbott Laboratories (ABT) Q4 2024 results
Abbott Laboratories (NYSE: ABT) on Wednesday announced financial results for the fourth quarter of 2024, reporting an increase in sales and adjusted profit. Total reported sales increased 7.2% year-over-year to
PG Earnings: Key quarterly highlights from Procter & Gamble’s Q2 2025 financial results
The Procter & Gamble Company (NYSE: PG) reported its second quarter 2025 earnings results today. Net sales were $21.9 billion, up 2% from the prior-year quarter. Organic sales increased 3%.