Annual Sales Estimate Of $998.85 for Westlake Chemical Corporation (NYSE:WLK)

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Westlake Chemical Corporation (NYSE:WLK) is being projected to post an EPS of $1.07 for the quarter ended 2016-09-30. 7 days ago the estimate stood at $1.07 and 30 days ago at $1.07. Similarly, the projected figure 60 days ago was $1.07 and 90 days ago it was $1.07.

The estimates have seen a change of 0.01% from 7 days ago. During this period, the figure was upwards 1 times and downwards 0 times. During the last 180 days upwards revision in the EPS estimate happened 0 times and downwards revision happened 1 times.

The number of revisions upwards was 2 in 30 days, 1 in 60 days, 1 in 90 days and 1 in 120 days.

The number of revisions downwards was 0 in the last 30 days, 1 in the last 60 days, 1 in the last 90 days and 0 in the last 120 days.

Earnings Surprises

For the quarter ended 1, Westlake Chemical Corporation (NYSE:WLK) had a mean EPS estimate of $1.07 out of 3 estimates. When the actual figure was announced on 2016-05-03 it was $0.94, giving a surprise margin of $0.05 or 5.62% per share. The actual EPS yielded a standard deviation of 0.02 from all estimates.

Quarterly Sales Estimates

2 analysts gave Westlake Chemical Corporation (NYSE:WLK) an annual sales estimate of $998.85, if the arithmetic mean of the estimates is considered. The estimate stands at $998.85 if the median is considered. The estimates are for the year 2016. The estimates range from a low of $986 to a high of $1011.7, with the standard deviation of the estimates being 18.172%.

In the last week, 2 analysts increased their sales estimate while 2 decreased it. The change in the mean estimate for the period is -0.04%.

In the last month, 2 analysts increased their sales estimate while 2 decreased it. The change in the mean estimate for the period is 0.16%.

In last 3 months, 2 analysts increased their sales estimate while 2 decreased it. The change in the mean estimate for the period is -5.614%.

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