LyondellBasell Industries (LYB) Tops Q3 EPS by 9c, Revenues Miss

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LyondellBasell Reports Third Quarter 2019 Earnings

November 1, 2019 6:30 AM EDT

HOUSTON and LONDON, Nov. 1, 2019 /PRNewswire/ --

Third Quarter 2019 Highlights

Net Income: $1.0 billion Diluted earnings per share: $2.85 per share Quarter included $85 million non-cash tax settlement that increased earnings by $0.25 per share EBITDA: $1.5 billion, resilient performance in a challenging market Cash from operating activities: $1.9 billion Paid dividends and repurchased 37 million shares totaling $3.6 billion Refinanced over $2 billion of debt at favorable rates

Comparisons with the prior quarter and third quarter 2018 are available in the following table:

Table 1 - Earnings... More