Westlake Chemical (WLK) Tops Q3 EPS by 19c, Revenues Miss

Westlake Chemical (NYSE: WLK) reported Q3 EPS of $1.22, $0.19 better than the analyst estimate of $1.03. Revenue for the quarter came in at $2.07 billion versus the consensus estimate of $2.17 billion.

"We are experiencing slower global economic growth in 2019, which has been impacted by international trade tensions, resulting in a difficult pricing environment," said Albert Chao, President and Chief Executive Officer. "In this challenging environment we are focused on cost control and we are investing in a number of initiatives around the world which are expected to drive long-term value for our shareholders."

For earnings history and earnings-related data on Westlake Chemical (WLK) click here.

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