Westlake Chemical Corporation Reports Record Third Quarter 2018 Results

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Westlake Chemical (WLK) PT Raised to $93 at Nomura/Instinet

November 7, 2018 7:45 AM EST

Nomura/Instinet analyst Aleksey Yefremov raised the price target on Westlake Chemical (NYSE: WLK) to $93.00 (from $92.00) while maintaining a Neutral rating following the company's 3Q earnings report. WLK delivered 3Q adjusted EBITDA of $571mn, 4% above consensus estimate. Results included $48mn FIFO benefit and a... More

Westlake Chemical Partners LP (WLKP) Misses Q3 EPS by 3c, Revenue Beats

November 6, 2018 6:54 AM EST

Westlake Chemical Partners LP (NYSE: WLKP) reported Q3 EPS of $0.38, $0.03 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $313.38 million versus the consensus estimate of $282.03 million.

For earnings history and earnings-related data on Westlake Chemical Partners LP (WLKP) click here.

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Westlake Chemical (WLK) Tops Q3 EPS by 26c, Revenues Beat

November 6, 2018 6:31 AM EST

Westlake Chemical (NYSE: WLK) reported Q3 EPS of $2.35, $0.26 better than the analyst estimate of $2.09. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.23 billion.

"We are very pleased with the results for the third quarter as we... More