Here's What Key Metrics Tell Us About Westlake (WLK) Q3 Earnings
The headline numbers for Westlake (WLK) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Westlake Chemical (WLK) Lags Q3 Earnings and Revenue Estimates
Westlake Chemical (WLK) came out with quarterly earnings of $1.41 per share, missing the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $2.20 per share a year ago.
Westlake Chemical Partners: A Value Investor's Dream With Superb Dividend
WLKP's primary business revolves around its long-term Ethylene Sales Agreement with Westlake Corporation, which guarantees that Westlake purchases 95% of WLKP's ethylene production at a fixed margin. The company offers a solid dividend track record with a 12-month yield of 8.45% and consistent growth, providing stability for investors. Despite the cyclical nature of the petrochemical sector, WLKP's fixed-margin structure and operational efficiency offer a low-risk investment opportunity. Modest debt level and strong liquidity position is a plus.
Exploring Analyst Estimates for Westlake (WLK) Q3 Earnings, Beyond Revenue and EPS
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 September 2024.
Analysts Estimate Westlake Chemical (WLK) to Report a Decline in Earnings: What to Look Out for
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's (WLK) Earnings and Sales Beat Estimates in Q2
Sales of Westlake (WLK) fall in Q2 due to lower year-over-year average sales prices for the majority of its key products in the PEM unit.
Westlake Corporation (WLK) Q2 2024 Earnings Call Transcript
Westlake Corporation (NYSE:WLK ) Q2 2024 Results Conference Call August 6, 2024 11:00 AM ET Company Participants Johnathan Zoeller - VP and Treasurer Albert Chao - Executive Chairman Jean-Marc Gilson - President and CEO Steve Bender - EVP and CFO Conference Call Participants Patrick Cunningham - Citi Bhavesh Lodaya - BMO Capital Markets Michael Sison - Wells Fargo Frank Mitsch - Fermium Research, LLC Aleksey Yefremov - KeyBanc Josh Spector - UBS Hassan Ahmed - Alembic Global Advisors Mike Leithead - Barclays Arun Viswanathan - RBC Capital Markets Turner Hinrichs - Morgan Stanley Kevin McCarthy - Vertical Research Partners David Begleiter - Deutsche Bank Stephen Byrne - Bank of America Securities Jeff Zekauskas - JPMorgan Operator Good morning, ladies and gentlemen. Thank you for standing by.
Compared to Estimates, Westlake (WLK) Q2 Earnings: A Look at Key Metrics
The headline numbers for Westlake (WLK) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Westlake Chemical (WLK) Surpasses Q2 Earnings and Revenue Estimates
Westlake Chemical (WLK) came out with quarterly earnings of $2.40 per share, beating the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $2.31 per share a year ago.
What Analyst Projections for Key Metrics Reveal About Westlake (WLK) Q2 Earnings
Get a deeper insight into the potential performance of Westlake (WLK) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Westlake Chemical (WLK) Expected to Beat Earnings Estimates: Should You Buy?
Westlake (WLK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Westlake's (WLK) Subsidiary Invests in Blackhorn Ventures
Westlake's (WLK) action builds on the company's commitment to contributing to a more sustainable future through continual development of its own manufacturing as well as strategic investments.
