Westlake(WLK)

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Westlake(WLK) - 2024 Q3 - Quarterly Report
2024-11-06 15:49
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 September 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 inco ...
Westlake(WLK) - 2024 Q3 - Earnings Call Presentation
2024-11-05 23:08
Earnings Presentation 3Q 2024 1 $183M $3.1B $580M EBITDA(1,3) $1.41 $2.9B 3Q 2024 Financial Results(1) Improving underlying trends despite impacts from outages and weather Net Income(1,2) 42% decrease vs. 2Q 22% decrease vs. 2Q Net Income Per Share(1,2) Net Cash Provided by Operating Activities • Sales volume increased 3% YoY driven by improving chlorine and caustic soda demand • Average sales price increased 1% QoQ with improvement in each segment • Performance and Essential Materials (PEM) EBITDA impacted ...
Westlake(WLK) - 2024 Q3 - Earnings Call Transcript
2024-11-05 23:06
Westlake Corporation (NYSE:WLK) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants John Zoeller - Vice President and Treasurer Albert Chao - Executive Chairman Jean-Marc Gilson - President and CEO Steve Bender - Executive Vice President and CFO Conference Call Participants Eric Zhang - Citi Duffy Fisher - GS Bhavesh Lodaya - BMO Capital Markets Ryan Weis - KeyBanc Capital Markets Frank Mitsch - Fermium Research John Roberts - Mizuho Group Matt Hettwer - Vertical Research Part ...
Here's What Key Metrics Tell Us About Westlake (WLK) Q3 Earnings
ZACKS· 2024-11-05 15:36
For the quarter ended September 2024, Westlake Chemical (WLK) reported revenue of $3.12 billion, up 0.1% over the same period last year. EPS came in at $1.41, compared to $2.20 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.23 billion, representing a surprise of -3.52%. The company delivered an EPS surprise of -33.49%, with the consensus EPS estimate being $2.12.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...
Westlake Chemical (WLK) Lags Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-05 13:51
Westlake Chemical (WLK) came out with quarterly earnings of $1.41 per share, missing the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $2.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.49%. A quarter ago, it was expected that this chemical company would post earnings of $1.90 per share when it actually produced earnings of $2.40, delivering a surprise of 26.32%.Over the last four quarters, t ...
Westlake(WLK) - 2024 Q3 - Quarterly Results
2024-11-05 12:26
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 Third Quarter 2024 Results HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced third quarter 2024 results. | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------- ...
Westlake Chemical Partners: A Value Investor's Dream With Superb Dividend
Seeking Alpha· 2024-11-04 16:00
Hi, I’m Taizen. As a former corporate banker, I have extensive experience in industry analysis, credit analysis and cash flow projections as well as treasury experience conducting FX and money market transactions. Such experience has helped me understand the financial market, devise investment strategies and make valuations on stocks. I encountered value investing when I read the Intelligent Investor, written by Benjamin Graham. This book was instrumental in developing my investment strategies and I highly ...
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 ...