Westlake's (WLK) Earnings and Sales Beat Estimates in Q2

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 ...