LyondellBasell Industries (NYSE: LYB) reported Q4 EPS of $1.79, $0.54 worse than the analyst estimate of $2.33. Revenue for the quarter came in at $8.88 billion versus the consensus estimate of $9.81 billion.

• Net Income: $0.7 billion in the fourth quarter; $4.7 billion in 2018
• Diluted earnings per share: $1.79 per share in the fourth quarter; $12.01 per share in 2018
• EBITDA: $1.2 billion in the fourth quarter; $6.9 billion in 2018
• Record annual EBITDA for Intermediates & Derivatives and Technology segments
• Implemented our tenth dividend increase to $1.00 per share in 2018
• Paid dividends and repurchased 11.5 million shares totaling $1.4 billion in the fourth quarter; $3.4 billion in 2018

OUTLOOK

"During the first weeks of the year, we have seen normalization of markets with increased polymer demand and modest improvements in the discount for Maya crude oil. LyondellBasell's growth accelerates in 2019 with the planned startup of our Hyperzone polyethylene plant and continued construction on our new PO/TBA plant which is on track for completion in 2021. Global polyethylene capacity additions are expected to moderate during 2019 and 2020, providing support for high industry operating rates and ethylene chain profitability."

For earnings history and earnings-related data on LyondellBasell Industries (LYB) click here.