Westlake Corp expected to post earnings of $1.09 a share - Earnings Preview

Westlake

21/02/2025 14:23

* Westlake Corp  WLK.N   WLK  is expected to show a rise in
quarterly revenue when it reports  results on February 24 for
the period ending December 31 2024
    * The Houston Texas-based  company is expected to report a
4.1% increase in revenue to $2.941 billion from $2.83 billion a
year ago, according to the mean estimate from 13 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Westlake Corp is for
earnings
of $1.09 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Westlake
Corp is
$147.00​, above​ its last closing price of $111.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  2.08        2.21       1.41      Missed  -36.1
 Jun. 30 2024  2.02        1.99       2.40      Beat    20.8
 Mar. 31 2024  1.01        1.03       1.34      Beat    30.7​
 Dec. 31 2023  0.83        0.90       0.72      Missed  -19.9
 ​​Sep.        1.94        1.97       2.20      Beat    11.8
 30 2023                                                
 Jun. 30 2023  2.89        2.93       2.31      Missed  -21​
 Mar. 31 2023  2.26        2.14       3.05      Beat    42.2
 Dec. 31 2022  2.34        2.28       1.79      Missed  -21.4
 This summary was machine generated February 21 at 14:23 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)