Earnings Outlook For LyondellBasell Industries

LyondellBasell Industries LYB unveils its next round of earnings this Friday, April 30. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts predict LyondellBasell Industries will report earnings of $2.59 per share on revenue of $9.09 billion. In the same quarter last year, LyondellBasell Industries reported EPS of $1.47 on revenue of $7.49 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 76.19% increase in the company's earnings. Sales would be up 21.3% from the same quarter last year. LyondellBasell Industries's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Shares of LyondellBasell Industries were trading at $106.34 as of April 28. Over the last 52-week period, shares are up 93.64%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. LyondellBasell Industries is scheduled to hold the call at 11:00:00 ET and can be accessed here.