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Westlake: Q3 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Westlake Corporation (WLK) on Wednesday reported third-quarter profit of $6 million.

On a per-share basis, the Houston-based company said it had profit of 5 cents. Earnings, adjusted for non-recurring costs, were 45 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share.

The chemical company posted revenue of $2.98 billion in the period, which also missed Street forecasts. Six analysts surveyed by Zacks expected $3.03 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WLK at https://www.zacks.com/ap/WLK

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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