LyondellBasell Industries N.V. Fourth Quarter Earnings Sneak Peek

LyondellBasell Industries N.V. (NYSE:LYB) will unveil its latest earnings on Friday, February 10, 2012. Lyondellbasell Industries is an independent chemical company. It is a producer of polypropylene and polypropylene compounds (PP compounds) and a producer of propylene oxide (PO), polyethylene (PE), ethylene, and propylene.

LyondellBasell Industries N.V. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 75 cents per share, a decline of 41.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 89 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 78 cents during the last month.

Past Earnings Performance: Last quarter, the company beat estimates by 27 cents, coming in at profit of $1.53 a share versus the estimate of net income of $1.26 a share. It marked the fourth straight quarter of beating estimates.

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Analyst Ratings: Analysts are bullish on this stock with 10 analysts rating it as a buy, none rating it as a sell and one rating it as a hold.

A Look Back: In the third quarter, profit rose 88.8% to $895 million ($1.51 a share) from $474 million (84 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 29.1% to $13.3 billion from $10.3 billion.

Stock Price Performance: During November 8, 2011 to February 6, 2012, the stock price had risen $14.62 (48.5%) from $30.13 to $44.75. The stock price saw one of its best stretches over the last year between January 23, 2012 and February 1, 2012 when shares rose for eight-straight days, rising 10.8% (+$4.26) over that span. It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six-straight days, falling 29.4% (-$10.16) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com