Westlake Corp reports results for the quarter ended December 31 - Earnings Summary

Westlake

24/02/2025 14:31

* Westlake Corp  WLK.N  reported quarterly adjusted earnings
of 6
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 72
cents.  The mean expectation of nineteen analysts for the
quarter was for earnings of $1.09 per share. Wall Street
expected results to range from 61 cents to $1.77 per share.
    * Revenue rose 0.6% to $2.84 billion from a year ago;
analysts
expected $2.94 billion. 
    * Westlake Corp's reported EPS for the quarter was 6 cents​.
    * The company reported quarterly net income of $7 million.
    * Westlake Corp shares had fallen by 4.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the commodity
chemicals
peer group is also "buy"

Wall Street's median 12-month price target for Westlake Corp is
$144.00 
This summary was machine generated from LSEG data February 24 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.09           0.06           Missed
 Sep. 30 2024      2.21           1.41           Missed
 Jun. 30 2024      1.99           2.40           Beat
 Mar. 31 2024      1.03           1.34           Beat