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Investing.com - Westlake Chemical Partners LP reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Westlake Chemical Partners LP announced earnings per share of $0.42 on revenue of $364.27M. Analysts polled by Investing.com EPS of $0.49 on revenue of $399.22M.
Westlake Chemical Partners LP 's are down 39.61% and is trading at $25.00 , still down 20.95% from its 52 week high of $29.40 set on Thursday, April 21, 2022.
Westlake Chemical Partners LP shares gained 7.57% to trade at $25.00 in pre-market trade the report.
Westlake Chemical Partners LP follows other major Materials sector earnings this month
Westlake Chemical Partners LP's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.89 on revenue of $3.57B, EPS of $2.77 on revenue of $3.21B.
Sherwin-Williams had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $2.83 on revenue of $6.05B, for EPS of $2.59 on revenue of $5.81B.
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