NEW YORK (TheStreet) -- Shares of LyondellBasell Industries (LYB) - Get Report were lower in late-morning trading on Monday ahead of the company's 2016 third quarter results, due out before tomorrow's market open.
Wall Street is expecting earnings and revenue to decline year-over-year.
Analysts surveyed by FactSet are looking for adjusted earnings of $2.32 per share on revenue of $7.39 billion.
During the same period a year ago, the chemical company earned $2.80 per share on revenue of $8.33 billion.
Separately, TheStreet Ratings Team has a "Buy" rating with a score of A- on the stock.
This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks rated. Among the primary strengths of the company is its respectable return on equity which is likely to continue.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: LYB