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Westlake Corporation's Q3 earnings of $1.41 per share missed expectations, yet shares rose.
Westlake Corporation reported Q3 earnings of $1.41 per share, missing analysts' expectations of $2.21, alongside revenue of $3.12 billion, below the $3.31 billion forecast.
Despite the earnings miss, shares rose by over $4.00.
Analysts have varied opinions on the stock, with target prices ranging from $135 to $180.
Westlake operates globally, focusing on specialty chemicals and reported a quarterly dividend increase to $0.525 per share.
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Las ganancias Q3 de Westlake Corporation de $1,41 por acción se perdieron las expectativas, sin embargo, las acciones aumentaron.