Westlake Epoxy is set to introduce EpoVIVE to align with its sustainability goals.
Sales of WLK rise modestly in Q4 as a decline in average sales prices offsets growth in sales volume.
Westlake Corporation (NYSE:WLK ) Q4 2024 Earnings Conference Call February 24, 2025 1:00 PM ET Company Participants John Zoeller - Vice President and Treasurer Albert Chao - Executive Chairman Jean-Marc Gilson - President and CEO Steve Bender - Executive Vice President and CFO Conference Call Participants John McNulty - BMO Capital Markets Patrick Cunningham - Citi Salvator Tiano - Bank of America Securities David Begleiter - Deutsche Bank Jeffrey Zekauskas - J.P. Morgan Aleksey Yefremov - KeyBanc Capital Markets John Roberts - Mizuho Group Michael Leithead - Barclays Kevin McCarthy - Vertical Research Partners Josh Spector - UBS Michael Sison - Wells Fargo Hassan Ahmed - Alembic Global Advisors Aziza Gazieva - Fermium Research Matthew Blair - TPH Pete Osterland - Truist Securities Arun Viswanathan - RBC Capital Markets Turner Hinrichs - Morgan Stanley Operator Good morning, ladies and gentlemen.
While the top- and bottom-line numbers for Westlake (WLK) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Westlake Chemical (WLK) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.72 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for Westlake (WLK), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Westlake (WLK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Westlake Chemical Partners offers a high dividend and is fairly priced, driven by steady ethylene demand and strong financial performance. Q3'24 results showed increased earnings due to higher ethylene prices and production volumes, with a solid balance sheet and covered dividends. Risks include dependency on Westlake Corporation and industry shifts away from ethylene, though mitigated by long-term agreements and market growth projections.
The investment by WLK is driven by its continuous efforts to develop a sustainable future.
WLK introduces Dryroll ridge vent as a cutting-edge solution, which optimizes roof protection and attic ventilation.
WLK sees lower sequential sales in Q3 as lower sales volume more than offset an increase in average sales prices.
Westlake Corporation (NYSE:WLK ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants John Zoeller - Vice President and Treasurer Albert Chao - Executive Chairman Jean-Marc Gilson - President and CEO Steve Bender - Executive Vice President and CFO Conference Call Participants Eric Zhang - Citi Duffy Fisher - GS Bhavesh Lodaya - BMO Capital Markets Ryan Weis - KeyBanc Capital Markets Frank Mitsch - Fermium Research John Roberts - Mizuho Group Matt Hettwer - Vertical Research Partners Chris Perrella - UBS Arun Viswanathan - RBC Capital Markets Michael Leithead - Barclays Turner Hinrichs - Morgan Stanley Operator Good morning, ladies and gentlemen. Thank you for standing by.