Westlake Chemical (NYSE:WLKP) is gearing up to announce its quarterly earnings on Friday, 2025-05-02. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Westlake Chemical will report an earnings per share (EPS) of $0.35.
The market awaits Westlake Chemical's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Overview of Past Earnings
During the last quarter, the company reported an EPS beat by $0.06, leading to a 0.9% drop in the share price on the subsequent day.
Here's a look at Westlake Chemical's past performance and the resulting price change:
| Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.37 | 0.40 | 0.43 | 0.45 |
| EPS Actual | 0.43 | 0.51 | 0.41 | 0.42 |
| Price Change % | -1.0% | -1.0% | -1.0% | 2.0% |
Market Performance of Westlake Chemical's Stock
Shares of Westlake Chemical were trading at $23.39 as of April 30. Over the last 52-week period, shares are up 7.69%. Given that these returns are generally positive, long-term shareholders should be satisfied 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.