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

Reuters
02-21
Westlake Corp <wlk.n> expected to post earnings of $1.09 a share - Earnings Preview </wlk.n>
  • 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 ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

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. 30 2023

1.94

1.97

2.20

Beat

11.8

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)

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