Westlake Chemical Partners (WLKP) Moves 5.1% Higher: Will This Strength Last?

Company Overview - Westlake Chemical Partners (WLKP) shares increased by 5.1% to close at $22.71, following a significant volume of trading, contrasting with a 9.1% loss over the past four weeks [1] - The stock's rally is attributed to a rise in material stocks after President Trump announced a 90-day pause on reciprocal tariffs for most countries [1] Earnings Expectations - WLKP is projected to report quarterly earnings of $0.38 per share, reflecting a year-over-year decline of 9.5%, while revenues are expected to reach $295.59 million, an increase of 3.8% from the previous year [2] - The consensus EPS estimate for WLKP has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] Industry Context - WLKP is part of the Zacks Chemical - Specialty industry, where another company, Orion (OEC), saw its stock rise by 12.3% to $12.08, despite a 19% decline over the past month [3] - Orion's consensus EPS estimate for its upcoming report is $0.53, showing a year-over-year increase of 1.9%, with a Zacks Rank of 4 (Sell) [4]