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LyondellBasell (LYB) Q2 Earnings Miss Estimates

LyondellBasell (LYB) came out with quarterly earnings of 0.62pershare,missingtheZacksConsensusEstimateof0.62 per share, missing the Zacks Consensus Estimate of 0.87 per share. This compares to earnings of 2.24pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof28.742.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -28.74%. A quarter ago, it was expected that this oil refiner and chemical company would post earnings of 0.36 per share when it actually produced earnings of $0.33, delivering a surprise of -8.33%.Over the last fou ...