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Westlake Chemical (WLK) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2025-08-05 12:45
Core Viewpoint - Westlake Chemical reported a quarterly loss of $0.09 per share, missing the Zacks Consensus Estimate of $0.06, and significantly down from earnings of $2.4 per share a year ago, indicating a substantial decline in performance [1][2] Financial Performance - The company posted revenues of $2.95 billion for the quarter ended June 2025, which was 2.84% below the Zacks Consensus Estimate and down from $3.21 billion in the same quarter last year [2] - Over the last four quarters, Westlake has consistently failed to meet consensus EPS and revenue estimates [2] Stock Performance - Westlake shares have decreased by approximately 33.5% since the beginning of the year, contrasting with the S&P 500's gain of 7.6% [3] - The stock currently holds a Zacks Rank of 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.75 on revenues of $3.06 billion, and for the current fiscal year, it is $0.86 on revenues of $11.79 billion [7] - The trend of estimate revisions for Westlake has been unfavorable leading up to the earnings release [6] Industry Context - The Chemical - Plastic industry, to which Westlake belongs, is currently ranked in the bottom 1% of over 250 Zacks industries, suggesting a challenging environment for the company [8]