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

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

Westlake Chemical Corporation Reports Third Quarter 2019 Results

November 5, 2019 6:30 AM EST

HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended September 30, 2019 of $158 million, or $1.22 per diluted share, on net sales of $2,066 million. Net income in the third quarter of 2019 decreased by $150 million, or $1.13 per share, compared to third quarter 2018 net income of $308 million, or $2.35 per share, on net sales of $2,255 million. Income from operations for the third quarter of 2019 of $226 million decreased by $170 million from income from operations of $396 million for the third quarter of 2018. The decreases in net... More