Westlake: Q1 Earnings Snapshot

May 3, 2022 GMT

HOUSTON (AP) _ Westlake Chemical Corp. (WLK) on Tuesday reported first-quarter earnings of $756 million.

On a per-share basis, the Houston-based company said it had net income of $5.83.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.70 per share.

The chemical company posted revenue of $4.06 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $3.44 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WLK at https://www.zacks.com/ap/WLK