Earnings Outlook For Westlake Chemical

Westlake Chemical WLKP will release its quarterly earnings report on Tuesday, 2024-11-05. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Westlake Chemical to report an earnings per share (EPS) of $0.37.

The announcement from Westlake Chemical is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Performance in Previous Earnings

Last quarter the company missed EPS by $0.02, which was followed by a 1.35% drop in the share price the next day.

Here's a look at Westlake Chemical's past performance and the resulting price change:

Tracking Westlake Chemical's Stock Performance

Shares of Westlake Chemical were trading at $22.35 as of November 01. Over the last 52-week period, shares are up 2.82%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Westlake Chemical visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.