LyondellBasell Industries N.V. Profit Falls In Q1
(RTTNews) - LyondellBasell Industries N.V. (LYB) announced earnings for first quarter that Drops, from last year
The company's bottom line totaled $125 million, or $0.38 per share. This compares with $177 million, or $0.54 per share, last year.
Excluding items, LyondellBasell Industries N.V. reported adjusted earnings of $163 million or $0.49 per share for the period.
The company's revenue for the period fell 6.3% to $7.197 billion from $7.677 billion last year.
LyondellBasell Industries N.V. earnings at a glance (GAAP) :
-Earnings: $125 Mln. vs. $177 Mln. last year. -EPS: $0.38 vs. $0.54 last year. -Revenue: $7.197 Bln vs. $7.677 Bln last year.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.