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Markets :: Plastics :: Polyethylene
Westlake reports record operating profits but misses estimates
1:04 PM MDT | August 5, 2014 | Clay Boswell
Westlake (Houston) reports second-quarter net income of $169.4 million, up 35% year-over-year (YOY), on sales of $998.6 million, up 7% YOY. However, earnings of $1.26/share fell short of the analysts’ consensus estimate of $1.45, as reported by Thomson Reuters....
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