Westlake Chemical (NYSE:WLK) is scheduled to be issuing its Q3 2019 quarterly earnings data before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $1.02 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
Westlake Chemical (NYSE:WLK) last posted its quarterly earnings data on Tuesday, August 6th. The specialty chemicals company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.08. Westlake Chemical had a net margin of 7.39% and a return on equity of 11.05%. The firm had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.15 billion. During the same period in the previous year, the company posted $2.12 EPS. The company’s quarterly revenue was down 4.1% compared to the same quarter last year. On average, analysts expect Westlake Chemical to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
NYSE WLK opened at $65.75 on Friday. Westlake Chemical has a twelve month low of $55.82 and a twelve month high of $81.49. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.33 and a current ratio of 2.07. The stock has a market cap of $8.34 billion, a price-to-earnings ratio of 8.42, a PEG ratio of 2.75 and a beta of 1.61. The firm’s 50 day moving average price is $63.38 and its two-hundred day moving average price is $64.38.
Westlake Chemical Company Profile
Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and building products worldwide. It operates through two segments, Olefins and Vinyls. The Olefins segment offers polyethylene, styrene monomers, and various ethylene co-products, as well as sells propylene, crude butadiene, pyrolysis gasoline, and hydrogen products.
Featured Article: Initial Public Offering (IPO)
Receive News & Ratings for Westlake Chemical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westlake Chemical and related companies with MarketBeat.com's FREE daily email newsletter.