LyondellBasell Reports First Quarter 2019 Earnings
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LyondellBasell Industries (LYB) Reports In-Line Q1 EPS, Revenues Miss
April 26, 2019 6:31 AM EDTLyondellBasell Industries (NYSE: LYB) reported Q1 EPS of $2.19, in-line with the analyst estimate of $2.19. Revenue for the quarter came in at $8.78 billion versus the consensus estimate of $9.36 billion.
First Quarter 2019 Highlights
Net Income: $0.8 billionDiluted earnings per share: $2.19 per shareEBITDA: $1.4 billionIssued dividends and repurchased shares totaling $884 million; 5.6 million shares repurchased during the first quarter"LyondellBasell began 2019 with strong operational performance, increasing sales volumes in Europe and Asia and delivering promised value from the A. Schulman acquisition. EBITDA... More
