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Exploring Analyst Estimates for Westlake (WLK) Q3 Earnings, Beyond Revenue and EPS
ZACKS· 2024-10-31 14:20
Analysts on Wall Street project that Westlake Chemical (WLK) will announce quarterly earnings of $2.04 per share in its forthcoming report, representing a decline of 7.3% year over year. Revenues are projected to reach $3.23 billion, increasing 3.7% from the same quarter last year.The current level reflects a downward revision of 6.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projecti ...
Analysts Estimate Westlake Chemical (WLK) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-29 15:06
The market expects Westlake Chemical (WLK) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 5, 2024, might help the stock move higher if these key nu ...
Westlake(WLK) - 2024 Q2 - Quarterly Report
2024-08-09 16:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File No. 001-32260 Westlake Corporation (Exact name of Registrant as specified in its charter) Delaware 76-0346924 (State or other jurisdiction of incorpora ...
Life Time Debuts New Athletic Country Club in Westlake, Representing Company's 13th in Dallas-Fort Worth Area
Prnewswire· 2024-08-08 12:15
112,000-square-foot luxury leisure and lifestyle destination features indoor and outdoor pools with a beach club, seven pickleball courts, expansive workout spaces and much more, elevating health and wellness in the community DALLAS, Aug. 8, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) further expanded in Texas and the DallasFort Worth metroplex with the opening of Life Time Westlake on Aug. 3. The opening extends Life Time's athletic country club footprint to 33 locations across Texas. Life Time further expa ...
Westlake's (WLK) Earnings and Sales Beat Estimates in Q2
ZACKS· 2024-08-07 11:50
Westlake Corporation (WLK) logged a second-quarter 2024 profit of $313 million or $2.40 per share, up from $297 million or $2.31 per share in the year-ago quarter. The bottom line surpassed the Zacks Consensus Estimate of $1.90. Sales fell around 1.3% year over year to $3,207 million in the quarter. It surpassed the Zacks Consensus Estimate of $3,176.1 million. WLK witnessed strong demand for the majority of products in its Housing and Infrastructure Products (HIP) segment and higher average sales prices in ...
Westlake(WLK) - 2024 Q2 - Earnings Call Transcript
2024-08-06 21:26
Westlake Corporation (NYSE:WLK) Q2 2024 Results Conference Call August 6, 2024 11:00 AM ET Company Participants Johnathan Zoeller - VP and Treasurer Albert Chao - Executive Chairman Jean-Marc Gilson - President and CEO Steve Bender - EVP and CFO Conference Call Participants Patrick Cunningham - Citi Bhavesh Lodaya - BMO Capital Markets Michael Sison - Wells Fargo Frank Mitsch - Fermium Research, LLC Aleksey Yefremov - KeyBanc Josh Spector - UBS Hassan Ahmed - Alembic Global Advisors Mike Leithead - Barclays ...
Compared to Estimates, Westlake (WLK) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-06 14:35
For the quarter ended June 2024, Westlake Chemical (WLK) reported revenue of $3.21 billion, down 1.4% over the same period last year. EPS came in at $2.40, compared to $2.31 in the year-ago quarter. The reported revenue represents a surprise of +0.97% over the Zacks Consensus Estimate of $3.18 billion. With the consensus EPS estimate being $1.90, the EPS surprise was +26.32%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
Westlake Chemical (WLK) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-06 12:41
Westlake Chemical (WLK) came out with quarterly earnings of $2.40 per share, beating the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $2.31 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 26.32%. A quarter ago, it was expected that this chemical company would post earnings of $1.09 per share when it actually produced earnings of $1.34, delivering a surprise of 22.94%. Over the last four quarters, ...
Westlake(WLK) - 2024 Q2 - Quarterly Results
2024-08-06 11:25
EXHIBIT 99.1 SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per share data and percentages) WESTLAKE CORPORATION Contact—(713) 960-9111 Investors—Steve Bender Media—L. Benjamin Ederington Westlake Corporation Reports Second Quarter 2024 Results • Record Housing and Infrastructure Products (HIP) segment income from operations of $266 million • Record HIP segment EBITDA of $336 million • Sequential increases in Performance and Essential Materials (PEM) segment earnings and margins HOUSTON--(BUSI ...
What Analyst Projections for Key Metrics Reveal About Westlake (WLK) Q2 Earnings
ZACKS· 2024-08-01 14:20
The upcoming report from Westlake Chemical (WLK) is expected to reveal quarterly earnings of $1.90 per share, indicating a decline of 17.8% compared to the year-ago period. Analysts forecast revenues of $3.18 billion, representing a decrease of 2.3% year over year. The current level reflects a downward revision of 3.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this pe ...