BASF SE said its normalized net income for the fourth quarter was 66 euro cents per share, compared with the S&P Capital IQ consensus estimate of 84 cents per share.
EPS rose 68.0% year over year from 39 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €612.4 million, a gain of 69.3% from €361.6 million in the year-earlier period.
The normalized profit margin rose to 4.1% from 2.6% in the year-earlier period.
Total revenue rose 7.0% on an annual basis to €14.85 billion from €13.88 billion, and total operating expenses grew from the prior-year period to €13.65 billion from €13.02 billion.
Reported net income grew 103.2% from the prior-year period to €689.0 million, or 75 cents per share, from €339.0 million, or 37 cents per share.
For the year, the company's normalized net income totaled €3.53 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of €4.88.
EPS declined from €3.79 in the prior year.
Normalized net income was €3.24 billion, a decline from €3.49 billion in the prior year.
Full-year total revenue declined from the prior-year period to €57.55 billion from €70.45 billion, and total operating expenses decreased year over year to €51.54 billion from €63.93 billion.
The company said reported net income grew on an annual basis to €4.06 billion, or €4.41 per share, in the full year, from €3.99 billion, or €4.33 per share.
