Westlake Chemical Partners LP (WLKP) Misses Q2 EPS by 4c

Go back to Westlake Chemical Partners LP (WLKP) Misses Q2 EPS by 4c

Westlake Chemical Corporation Reports Second Quarter 2020 Results

August 6, 2020 6:30 AM EDT

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, 2020 of $15 million, or $0.11 per diluted share, on net sales of $1,709 million. Net income in the second quarter of 2020 decreased by $104 million compared to second quarter 2019 net income of $119 million, or $0.92 per share, on net sales of $2,144 million. Income from operations of $36 million for the second quarter of 2020 decreased by $158 million from income from operations of $194 million for the second quarter of 2019. The decreases in net income and... More