Westlake Chemical (WLK) Reports Q2 Loss, Lags Revenue Estimates

Westlake Chemical (WLK) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of $0.06. This compares to earnings of $2.4 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -250.00%. A quarter ago, it was expected that this chemical company would post earnings of $0.7 per share when it actually produced a loss of $0.31, delivering a surprise of -144.29%. Over the last four quarters, the company h ...