Westlake Chemical (WLK) Misses Q2 EPS by 40c, Revenues Beat

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Go back to Westlake Chemical (WLK) Misses Q2 EPS by 40c, Revenues Beat

Westlake Chemical Corporation Announces Second Quarter 2018 Results

August 2, 2018 6:30 AM EDT

Record quarterly net sales of $2,235 million Record quarterly income from operations of $404 million

HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended June 30, 2018 of $278 million, or $2.12 per diluted share. Net income attributable to Westlake increased $125 million, or $0.95 per diluted share, compared to second quarter 2017 net income attributable to Westlake of $153 million, or $1.17 per diluted share, primarily due to (1) higher sales prices for our major products, resulting in... More