RTTNews | Oct 29, 2021 06:33AM EDT

06:33 Friday, October 29, 2021 (RTTNews.com) - LyondellBasell Industries N.V. (LYB) reported a profit for its third quarter that advanced from the same period last year.

The company's earnings totaled $1.76 billion, or $5.25 per share. This compares with $0.11 billion, or $0.33 per share, in last year's third quarter.

Excluding items, LyondellBasell Industries N.V. reported adjusted earnings of $1.76 billion or $5.25 per share for the period.

Analysts had expected the company to earn $5.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 87.3% to $12.70 billion from $6.78 billion last year.

LyondellBasell Industries N.V. earnings at a glance:

-Earnings (Q3): $1.76 Bln. vs. $0.43 Bln. last year.-EPS (Q3): $5.25 vs. $1.27 last year.-Analysts Estimate: $5.75-Revenue (Q3): $12.70 Bln vs. $6.78 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3237278/lyondellbasell-industries-n-v-q3-adjusted-earnings-miss-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved