HOUSTON (AP) — HOUSTON (AP) — LyondellBasell Industries (LYB) on Friday reported first-quarter earnings of $473 million.
On a per-share basis, the Houston-based company said it had net income of $1.44. Earnings, adjusted for one-time gains and costs, came to $1.53 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share.
The oil refiner and chemical company posted revenue of $9.93 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $9.46 billion.
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