LyondellBasell Industries NV said its normalized net income for the third quarter was $2.26 per share, compared with the S&P Capital IQ consensus estimate of $2.58 per share.
EPS increased 9.2% year over year from $2.07.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $1.05 billion, a decrease from $1.06 billion in the prior-year period.
The normalized profit margin increased to 12.6% from 8.8% in the year-earlier period.
Total revenue fell 30.9% year over year to $8.33 billion from $12.07 billion, and total operating expenses declined 35.5% year over year to $6.68 billion from $10.36 billion.
Reported net income declined 6.3% on an annual basis to $1.18 billion, or $2.55 per share, from $1.26 billion, or $2.46 per share.