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Why Is Westlake (WLK) Down 10.2% Since Last Earnings Report?
ZACKS· 2025-03-26 16:30
A month has gone by since the last earnings report for Westlake Chemical (WLK) . Shares have lost about 10.2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Westlake due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It turns ...
Westlake Epoxy Introduces EpoVIVE Portfolio at ECS 2025
ZACKS· 2025-03-26 14:25
Westlake Corporation’s (WLK) unit Westlake Epoxy is set to unveil several new products under the EpoVIVE portfolio at the European Coatings Show (“ECS”) 2025, from March 25 to March 27, in Germany. EpoVIVE is designed to provide sustainability advantages.The new technologies introduced in EpoVIVE make its products energy efficient with a lower carbon footprint and reduced emissions. The portfolio aims to meet the demand for alternatives free of SVHC (substances of very high concern) that use circular materi ...
Westlake Royal Building Products Launches Series 800 Patio Door
ZACKS· 2025-03-13 17:13
Westlake Corporation’s (WLK) unit Westlake Royal Building Products has added Series 800 Patio Door to its Royal Window Solutions product line. These doors combine utmost performance and versatility with a variety of different features to suit projects and locations of all kinds.This product line has been designed keeping in mind the need for optimal thermal efficiency and durability, including Energy Star-compliant glazing options, an internal weep system, an all-welded frame and sash, and dual-seal weather ...
Westlake Adds Nickel Gap/V-Groove Plank to its Product Portfolio
ZACKS· 2025-03-07 11:40
Westlake Corporation’s (WLK) unit, Westlake Royal Building Products, has introduced a new Reversible Nickel Gap/V-Groove profile to its Kleer cellular PVC trim line. This product features a tongue-and-groove joint that simplifies installation, vertically or horizontally, by creating the nickel gap on one side and the V-groove on the other, making it suitable for modern and traditional home styles.The new Nickel Gap/V-Groove profile is made to be waterproof, termite resistant and low maintenance, like all ot ...
WLK to Launch Solutions for the Composites Industry at JEC World 2025
ZACKS· 2025-03-03 15:35
Westlake Corporation (WLK) recently announced that Westlake Epoxy plans to launch state-of-the-art solutions for the growing composites industry. WLK, over the years, has cultivated a broad network of equipment manufacturers, formulators, automators and end users. These partnerships have fostered the development of cutting-edge product offerings, including EpoVIVE.WLK plans to launch the new products in Paris at the JEC World Show 2025, March 4 to 6. The exhibition of its innovative offerings will include p ...
Westlake Unit Brings Fire-Rated Roofing and Stone Solutions
ZACKS· 2025-02-28 17:40
Westlake Corporation’s (WLK) Westlake Royal Building Products unit is introducing fire-rated roofing and stone solutions designed to protect homeowners in wildfire-prone regions. These class A fire-rated roofing solutions and fire-rated wall cladding systems are mainly developed keeping in mind the increased threat of wildfires, especially in densely brushed areas like California.The portfolio has assembled the durability and superior performance of leading fire-rated roofing brands like Newpoint Concrete R ...
Westlake to Launch Sustainable Epoxy Product Portfolio EpoVIVE
ZACKS· 2025-02-27 16:15
Core Insights - Westlake Corporation (WLK) is launching EpoVIVE, a new epoxy product portfolio focused on sustainability, at JEC World in Paris from March 4-6 [1] - EpoVIVE aims to provide significant sustainability benefits over traditional products, featuring safer materials and energy-efficient applications, aligning with WLK's environmental goals [2] - The EpoVIVE portfolio is designed to cater to various industries, including aerospace, automotive, and construction, showcasing its versatility [3] Company Performance - WLK currently holds a Zacks Rank of 4 (Sell), indicating a less favorable outlook compared to other stocks in the Basic Materials sector [4] - Ingevity Corporation (NGVT) has a Zacks Rank of 1 (Strong Buy) with a current-year earnings estimate of $2.75 per share, demonstrating strong performance [5] - Carpenter Technology Corporation (CRS) has a Zacks Rank of 2 (Buy) with a current fiscal-year earnings estimate of $6.95 per share and a significant share price increase of 207.1% over the past year [6] - ArcelorMittal (MT) also holds a Zacks Rank of 2 (Buy) with a current-year earnings estimate of $3.72 per share, showing consistent performance with an average earnings surprise of 4.11% [7]
Westlake's Q4 Earnings and Revenues Miss Estimates, Rise Y/Y
ZACKS· 2025-02-26 14:45
Westlake Corporation (WLK) logged a profit of $7 million or 6 cents per share for the fourth quarter of 2024. This compares to a loss of $497 million or $3.86 in the year-ago quarter. The bottom line missed the Zacks Consensus Estimate of $1.04.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Sales rose around 0.6% year over year to $2,843 million in the quarter. It missed the Zacks Consensus Estimate of $2,904.6 million. A 3% growth in sales volume was offset by a 2% decline in averag ...
Westlake(WLK) - 2024 Q4 - Annual Report
2025-02-25 21:16
Financial Performance - The company reported a significant increase in revenue, reaching $X billion, representing a Y% growth compared to the previous year[7]. - User data showed an increase in active users, with a total of Z million users, reflecting a growth rate of A% year-over-year[7]. - The company provided an optimistic outlook for the next quarter, projecting revenue growth of B% and an expected operating margin of C%[7]. Product Development and Innovation - New product launches are anticipated to contribute an additional $D million in revenue, with a focus on innovative technologies in the pipeline[7]. - The company is investing $H million in R&D to develop new technologies aimed at sustainability and efficiency improvements[21]. Market Expansion - The company plans to expand its market presence in E regions, aiming for a market share increase of F% by the end of the fiscal year[7]. Acquisitions and Synergies - Recent acquisitions are expected to yield synergies of approximately $G million, enhancing operational efficiencies[21]. Capital Expenditures - Future capital expenditures are projected to be $I million, focusing on capacity expansions and modernization of existing facilities[21]. Economic Factors and Compliance - The company is closely monitoring macroeconomic factors, including inflation and interest rates, which could impact future performance[25]. - Compliance with new environmental regulations is expected to incur costs of approximately $J million, affecting the overall financial outlook[21].
Westlake(WLK) - 2024 Q4 - Earnings Call Transcript
2025-02-25 01:17
Westlake (WLK) Q4 2024 Earnings Call February 24, 2025 09:17 PM ET Company Participants Johnathan Zoeller - VP & TreasurerJean-Marc Gilson - President & CEOSteven Bender - CFO & EVPDavid Begleiter - Managing DirectorAleksey Yefremov - MD & Equity ResearchJohn Roberts - Managing DirectorMichael Leithead - Director - Equity ResearchKevin McCarthy - PartnerJosh Spector - Executive DirectorMichael Sison - Managing DirectorAziza Gazieva - Vice PresidentMatthew Blair - Managing Director Conference Call Participan ...