RTTNews | Jan 29, 2021 06:45AM EST

06:45 Friday, January 29, 2021 (RTTNews.com) - LyondellBasell Industries N.V. (LYB) reported earnings for its fourth quarter that advanced from last year.

The company's bottom line came in at $855 million, or $2.55 per share. This compares with $612 million, or $1.83 per share, in last year's fourth quarter.

Excluding items, LyondellBasell Industries N.V. reported adjusted earnings of $736 million or $2.19 per share for the period.

Analysts had expected the company to earn $1.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 2.9% to $7.94 billion from $8.18 billion last year.

LyondellBasell Industries N.V. earnings at a glance:

-Earnings (Q4): $736 Mln. vs. $637 Mln. last year.-EPS (Q4): $2.19 vs. $1.90 last year.-Analysts Estimate: $1.36-Revenue (Q4): $7.94 Bln vs. $8.18 Bln last year.

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