On Tuesday 5th November 2024, Westlake Chemical Partners LP (NYSE: WLKP) will be releasing its third quarter financial results. This much awaited announcement will be made before market open.
According to financial analysts on Wall Street, the establishment is likely to announce an estimated per share $0.40 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $244 million during this period.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $1.08 billion. They also believe the company will reach about profit of $1.62 per share for the fiscal year.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.37 per share. This number was attributed to the company's total revenue, which settled at an impressive $321.66 million during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.41 | +20.6% | 284.17 M | +7.6% |
| Q1 2024 | $0.42 | 0% | 284.67 M | -7.5% |
| Q4 2023 | $0.41 | -14.6% | 297.27 M | -19.0% |
| Q3 2023 | $0.37 | -11.9% | 321.66 M | -22.5% |
| Q2 2023 | $0.34 | -27.7% | 264.18 M | -41.1% |
| *Growth on year-over-year basis | ||||
WLKP will host a conference call with investment community on 5th November 2024 at 01:00 PM eastern time to discuss the financial results.
Westlake Chemical Partners LP (WLKP) experienced a trading range of $22.27 to $22.60, along with a total volume of 36.50 thousand shares during the day. The stock concluded Friday's regular trading session at $22.35, showing decline of 0.67 percent.
