Westlake Chemical (WLK) Misses Q3 EPS by 1c

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Westlake Chemical Corporation Reports Third Quarter 2020 Results

November 3, 2020 6:30 AM EST

Third quarter net income of $57 million, or $0.45 per diluted share Lake Charles, Louisiana olefins and vinyls facilities impacted by Hurricane Laura Third quarter net income includes pre-tax restructuring charges of $34 million, or $0.19 per diluted share

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, 2020 of $57 million, or $0.45 per diluted share, on net sales of $1,898 million. Net income in the third quarter of 2020 decreased by $101 million compared to third quarter... More