Westlake (WLK) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Westlake Chemical reported $2.84 billion in revenue for Q4 2024, a year-over-year increase of 0.6$0.06, a significant decline of -91.67% compared to $0.72 a year ago, representing a surprise of -94.23$1.04 [1] Financial Performance Metrics - Net external sales in Performance and Essential Materials were $1.86 billion, slightly below the average estimate of$1.88 billion, reflecting a year-over-year decrease of -1% [4] - Net external sales in Housing and Infrastructure Products reached $981 million, slightly below the estimated$986.27 million, but showed a year-over-year increase of +3.7% [4] - Net external sales for Housing Products were $818 million, compared to an estimate of$827.85 million, marking a +2.9% change year-over-year [4] - Essential Materials within Performance and Essential Materials reported $741 million, below the estimate of$826.41 million, indicating a -4.1% change year-over-year [4] - Infrastructure Products in Housing and Infrastructure Products achieved $163 million, exceeding the estimate of$151.67 million, with a year-over-year increase of +8% [4] - Performance Materials reported $1.12 billion, slightly below the average estimate of$1.15 billion, reflecting a +1.3% change year-over-year [4] - EBITDA for Housing and Infrastructure Products was $188 million, surpassing the average estimate of$150.48 million [4] - EBITDA for Performance and Essential Materials was $220 million, below the average estimate of$294.76 million [4] Stock Performance - Westlake's shares have returned -6.8% over the past month, underperforming the Zacks S&P 500 composite, which changed by -0.5% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near term [3]