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Westlake: Q3 Earnings Snapshot

By AP News
Published

HOUSTON (AP) — HOUSTON (AP) — Westlake Chemical Corp. (WLK) on Thursday reported third-quarter net income of $285 million.

On a per-share basis, the Houston-based company said it had net income of $2.20.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.92 per share.

The chemical company posted revenue of $3.12 billion in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $3.33 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WLK at https://www.zacks.com/ap/WLK

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