HOUSTON (AP) _ LyondellBasell Industries (LYB) on Friday reported second-quarter profit of $2.06 billion.
On a per-share basis, the Houston-based company said it had net income of $6.13.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.67 per share.
The oil refiner and chemical company posted revenue of $11.56 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $11.32 billion.
LyondellBasell shares have increased roughly 10% since the beginning of the year, while the S&P's 500 index has increased 18%. The stock has increased 48% in the last 12 months.
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
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