Westlake Corporation Reports Q3 Revenue Beat Amid Non-GAAP EPS Miss
Westlake Corporation (WLK) reported third-quarter financial results characterized by a mixed performance. While the company achieved revenue of $2.98 billion, representing a 4.9% increase year-over-year and exceeding analyst expectations by $40 million, its Non-GAAP earnings per share (EPS) of $0.45 fell short of estimates by $0.05. The company reported EBITDA of $350 million for the period. Excluding identified items, net income reached $58 million. Despite the revenue growth, the earnings miss suggests potential pressure on margins or increased operational costs during the quarter.
Tickers: $WLK
Topics: earnings miss EBITDA non-GAAP EPS revenue beat