Westlake Chemical Corporation (NYSE:WLK) Median Sales Estimate At $998.85


The EPS projection of Westlake Chemical Corporation (NYSE:WLK) for quarter ended 2016-09-30 is $1.07. Last week, the EPS forecast was $1.07 against target of $1.07, a month earlier. Two months ago, this estimate was $1.07 versus forecast of $1.07 three months earlier, implying a deviation of 0%.

Westlake Chemical Corporation (NYSE:WLK) stated that 18 days ago, its stock price was positively revised 0 times while negative revisions were 1.

In last week, the experts lowered EPS 0 times and increased EPS 0 times. In last 30, 120, 60 and 90 days, the experts upped revisions 2 , 1, 1, and 1, correspondingly.

EPS estimate downgrade for Westlake Chemical Corporation (NYSE:WLK) in the preceding 30, 120, 60 and 90 days were 0, 1, 1, and 1, correspondingly.

Earnings Surprises

Westlake Chemical Corporation (NYSE:WLK) EPS target for the quarter closed 1 was $1.07, based on 3 recommendations. As reported on 2016-05-03 the EPS was $0.94. The change was $0.05, implying a percentage deviation of 5.62%. The projections showed a standard deviation of 0.02.

Quarterly Sales Estimates

Westlake Chemical Corporation (NYSE:WLK) yearly sales prediction for the fiscal 2016 stands at $998.85 and the median estimate is at $998.85. Almost 2 analysts issued sales target.

Highest sales target is $1011.7 while the lowest target is $986 showing standard deviation of 18.172%.

As many as 2 analysts have sales targets revised upside while 2 reduced sales estimates, implying a deviation of 0%.

Last month, 2 revised sales number projection on upside while 2 lowered the sales projections, implying a deviation of 0.16%.

A quarter ago, 2 hiked sales target and 2 reduced sales forecast. Westlake Chemical Corporation (NYSE:WLK) announced that the deviation in forecast was -5.614%.

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