Westlake Chemical (NYSE: WLK) reported earnings on Feb. 19. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Westlake Chemical missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue contracted. GAAP earnings per share grew significantly.

Margins increased across the board.

Revenue details
Westlake Chemical recorded revenue of $801.0 million. The nine analysts polled by S&P Capital IQ expected net sales of $831.3 million on the same basis. GAAP reported sales were 6.8% lower than the prior-year quarter's $859.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.42. The nine earnings estimates compiled by S&P Capital IQ anticipated $1.21 per share. GAAP EPS of $1.42 for Q4 were 264% higher than the prior-year quarter's $0.39 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 23.8%, 1,440 basis points better than the prior-year quarter. Operating margin was 19.5%, 1,330 basis points better than the prior-year quarter. Net margin was 11.9%, 880 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $887.1 million. On the bottom line, the average EPS estimate is $1.08.

Next year's average estimate for revenue is $3.63 billion. The average EPS estimate is $5.76.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 94 members out of 106 rating the stock outperform, and 12 members rating it underperform. Among 27 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 26 give Westlake Chemical a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Westlake Chemical is hold, with an average price target of $69.88.

Looking for alternatives to Westlake Chemical? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.