Analysts Estimate Westlake (WLK) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Wall Street anticipates a year-over-year decline in Westlake's earnings due to lower revenues, with a consensus estimate of a quarterly loss of $1.33 per share, reflecting a significant change of -2316.7% compared to the previous year [1][3]. Earnings Expectations - Revenues for Westlake are projected to be $2.57 billion, which is a decrease of 9.7% from the same quarter last year [3]. - The stock price may increase if the actual earnings exceed expectations in the upcoming report, scheduled for February 24 [2]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not reassessed their initial estimates during this period [4]. - Westlake's Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.58%, suggesting a bearish outlook from analysts [12]. Earnings Surprise History - In the last reported quarter, Westlake was expected to post earnings of $0.18 per share but instead reported a loss of -$0.29, resulting in a surprise of -261.11% [13]. - The company has not beaten consensus EPS estimates in any of the last four quarters [14]. Investment Considerations - Despite the potential for an earnings beat, other factors may influence stock movement, and a positive earnings surprise does not guarantee a stock price increase [15]. - Westlake is not currently viewed as a compelling candidate for an earnings beat, and investors should consider additional factors before making investment decisions [17].