Westlake Chemical Partners (WLKP) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.46
- Estimate
- $0.35
- Surprise
- +31.4%
- Revenue (period 2026-09-30)
- $314.5M
- Score today
- 6.4/10
Revenue source: xbrl.
How the report landed
Westlake Chemical Partners (WLKP) beat the $0.35 estimate with adjusted EPS of $0.46 — a large 31.4% upside surprise.
Coverage in the report window
- Westlake Chemical Q3 2026 Earnings Call Transcript — benzinga, 2026-11-04
- Westlake Chemical Partners LP Announces Third Quarter 2026 Results and Quarterly Distribution — fiscal.ai, 2026-11-04
- Westlake Chemical Q3 EPS $0.46 Beats $0.30 Estimate, Sales $314.459M Miss $336.300M Estimate — benzinga, 2026-11-04
Where TrendMatrix's rating stands now
TrendMatrix currently rates WLKP Hold at 6.4/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's +31.4% surprise compares with a +9.2% four-quarter average.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.6 in RISK_OFF)
- High-quality business
What argues against it
- Analyst target reached - limited upside remaining
- Sector modifier (Basic Materials): -0.1
- Weak growth
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $21.61
- Price target
- $22.10
- Stop
- $20.83
- Upside to target
- +2.3%
- Reward-to-risk
- 0.5:1
At 12.9× trailing and 11.7× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 73 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — shown for context, not personalized investment advice.
WLKP at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Chemicals
- Market cap
- $761.7M
- P/E (fwd)
- 11.7
- P/E (ttm)
- 12.9
- 52-week range
- $17.75–$23.88
- Off 52-week high
- 9.5%
- RSI (14)
- 73
- Volume vs avg
- 0.70×
- Score today
- 6.4/10