Weak demand in Europe, consumer destocking and reduced volumes across several segments weigh on LyondellBasell's (LYB) Q4 performance amid margin stabilizations.
While the top- and bottom-line numbers for LyondellBasell (LYB) give a sense of how the business performed in the quarter ended December 2022, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
LyondellBasell (LYB) delivered earnings and revenue surprises of 18.35% and 2.19%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?