Westlake Chemical (WLK) Tops Q1 EPS by 36c

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Westlake Chemical Corporation Reports First Quarter 2021 Results

May 4, 2021 6:30 AM EDT

154% increase in first quarter 2021 operating income of $346 million vs first quarter 2020

HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended March 31, 2021 of $242 million, or $1.87 per diluted share, on net sales of $2,357 million. Net income in the first quarter of 2021 increased by $97 million from first quarter 2020 net income of $145 million, or $1.13 per share, on net sales of $1,932 million. Income from operations of $346 million for the first quarter of 2021 increased by $210 million from income from operations of $136 million for... More