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LyondellBasell: Q3 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — LyondellBasell Industries (LYB) on Friday reported third-quarter profit of $758 million.

The Houston-based company said it had profit of $2.32 per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were $2.54 per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.73 per share.

The oil refiner and chemical company posted revenue of $8.5 billion in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $8.47 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LYB at https://www.zacks.com/ap/LYB

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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