HOUSTON (AP) — HOUSTON (AP) — Westlake Corporation (WLK) on Tuesday reported second-quarter profit of $260 million.
On a per-share basis, the Houston-based company said it had profit of $2.01.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share.
The chemical company posted revenue of $3.27 billion in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $3.28 billion.
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