Westlake Q3 EPS $2.20 Vs $3.10 YoY, Sales $3.12B Miss $3.26B Estimate
Portfolio Pulse from Benzinga Newsdesk
Westlake Chemical Corporation (WLK) reported Q3 earnings per share (EPS) of $2.20, down from $3.10 year over year. The company's sales of $3.12 billion also missed the estimated $3.26 billion.
November 02, 2023 | 10:31 am
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Westlake's lower than expected Q3 earnings and sales could negatively impact its stock price in the short term.
Westlake's Q3 earnings per share and sales both fell short of estimates, which could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100