Westlake (WLK) Reports Q3 Loss, Misses Revenue Estimates

Westlake (WLK) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of $0.18. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -261.11%. A quarter ago, it was expected that this chemical company would post earnings of $0.06 per share when it actually produced a loss of $0.09, delivering a surprise of -250%.Over the last four quarters, the company has not been a ...