HOUSTON (AP) — HOUSTON (AP) — Westlake Chemical Corp. (WLK) on Tuesday reported third-quarter earnings of $108 million.
The Houston-based company said it had net income of 83 cents per share. Earnings, adjusted for non-recurring costs, were $1.41 per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share.
The chemical company posted revenue of $3.12 billion in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $3.23 billion.
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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
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