Westlake Chemical (WLK) Misses Q4 EPS by 31c, Revenues Miss

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Go back to Westlake Chemical (WLK) Misses Q4 EPS by 31c, Revenues Miss

Westlake Chemical Corporation Reports Fourth Quarter and Full Year 2019 Results

February 18, 2020 6:30 AM EST

Record sales volumes in 2019

HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended December 31, 2019 of $72 million, or $0.56 per diluted share, on net sales of $1,883 million. Net income in the fourth quarter of 2019 decreased by $51 million compared to fourth quarter 2018 net income of $123 million, or $0.95 per share, on net sales of $1,995 million. Income from operations of $102 million for the fourth quarter of 2019 decreased by $105 million from income from operations of $207 million for the... More