Westlake Chemical (WLK) Lags Q3 Earnings and Revenue Estimates

Westlake Chemical (WLK) came out with quarterly earnings of $1.41 per share, missing the Zacks Consensus Estimate of$ 2.12 per share. This compares to earnings of $2.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.49%. A quarter ago, it was expected that this chemical company would post earnings of$ 1.90 per share when it actually produced earnings of $2.40, delivering a surprise of 26.32%.Over the last four quarters, t ...