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LyondellBasell’s Adjusted EPS Expectations

LyondellBasell’s Adjusted EPS Expectations

LyondellBasell (LYB) is expected to report an adjusted EPS of $2.69 in the third quarter, which implies an 11.6% increase on a YoY (year-over-year) basis. In the third quarter of 2017, LyondellBasell reported an adjusted EPS of $2.41. LyondellBasell’s projected adjusted EPS growth is expected to be driven by higher revenue growth, share repurchases, improved SG&A (selling, general, and administrative) expenses as a percentage of sales and an improved cost of goods sold as a percentage of sales.