Q2 FY2026 EarningsQ2 FY26 results presented a significant divergence from market expectations, characterized by a substantial revenue miss and an EBIT beat. Total revenue of $297.1M missed the $536.7M consensus by 44.65%, primarily due to pricing formula mechanics under the Ethylene Sales Agreement despite a 9% YoY volume increase. However, Income from Operations (EBIT) reached $87.3M, exceeding consensus by 10.80% as lower feedstock costs and operational efficiencies offset pricing headwinds. GAAP EPS of $0.40 slightly missed the $0.41 consensus, impacted by a 19.0% YoY increase in SG&A expenses and lower interest income.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Westlake Chemical Partners LP(WLKP) the Revenue is 297.1 M (--%), Miss estimate;the EBIT is 87.31 M (--%), Beat estimate;the EPS is 0.4 (--%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.30B--
0.54B--
-0.24B--%
EBITExceed expectations
0.09B--
0.08B--
+0.01B--%
EPSMiss expectations
0.4--
0.4148--
-0.0148--%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf