Lyondellbasell: Q1 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — LyondellBasell Industries (LYB) on Friday reported first-quarter earnings of $473 million.

On a per-share basis, the Houston-based company said it had net income of $1.44. Earnings, adjusted for one-time gains and costs, came to $1.53 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share.

The oil refiner and chemical company posted revenue of $9.93 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $9.46 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LYB at https://www.zacks.com/ap/LYB