Westlake Chemical Partners (WLKP) Projected to Post Earnings on Friday

Westlake Chemical Partners (NYSE:WLKP - Get Free Report) is expected to announce its Q1 2025 earnings results before the market opens on Friday, May 2nd. Analysts expect Westlake Chemical Partners to post earnings of $0.38 per share for the quarter.

Westlake Chemical Partners (NYSE:WLKP - Get Free Report) last announced its earnings results on Monday, February 24th. The basic materials company reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.36 by $0.07. The business had revenue of $290.06 million for the quarter, compared to analyst estimates of $262.00 million. Westlake Chemical Partners had a net margin of 5.40% and a return on equity of 7.31%. On average, analysts expect Westlake Chemical Partners to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Westlake Chemical Partners Stock Performance

NYSE:WLKP traded down $0.51 during trading hours on Wednesday, reaching $23.26. 25,788 shares of the company's stock were exchanged, compared to its average volume of 48,464. Westlake Chemical Partners has a 1-year low of $21.19 and a 1-year high of $25.04. The company has a quick ratio of 4.46, a current ratio of 4.53 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $819.66 million, a price-to-earnings ratio of 13.29 and a beta of 0.93. The company has a 50-day moving average of $23.31 and a 200 day moving average of $23.36.

About Westlake Chemical Partners

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities primarily convert ethane into ethylene. It also sells ethylene co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis.