Westlake Chemical (WLK) Tops Q1 EPS by 23c, Beats on Revenues

Westlake Chemical (NYSE: WLK) reported Q1 EPS of $1.06, $0.23 better than the analyst estimate of $0.83. Revenue for the quarter came in at $1.94 billion versus the consensus estimate of $1.79 billion.

• Earned quarterly net income of $138.2 million, or $1.06 per diluted share
• Record quarterly sales and EBITDA of $1,942.6 million and $390.6 million, respectively
• Completed the expansion of the Calvert City, Kentucky ethylene unit which, along with other incremental capacity increases, added 100 million pounds of annual capacity

For earnings history and earnings-related data on Westlake Chemical (WLK) click here.

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