LyondellBasell Industries (LYB) Misses Q3 EPS by $1.16

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LyondellBasell Reports Third Quarter 2022 Earnings

October 28, 2022 6:30 AM EDT

HOUSTON and LONDON, Oct. 28, 2022 /PRNewswire/ --

Third Quarter 2022 Highlights

Net Income: $572 million, $642 million excluding identified items(a)Diluted earnings per share: $1.75 per share, $1.96 per share excluding identified itemsEBITDA: $1.1 billion, $1.2 billion excluding identified itemsAchieved 19% return on invested capital over trailing 12 monthsDelivered $1.4 billion in cash from operating activitiesReturned more than $550 million to shareholders in the form of dividends and share repurchasesEstablished new organizational structure to capture value and accelerate sustainable growthLaunched value enhancement... More