Westlake Q4 Adj. EPS $0.72 Misses $0.90 Estimate, Sales $2.83B Miss $2.86B Estimate
Portfolio Pulse from Benzinga Newsdesk
Westlake (NYSE:WLK) reported Q4 adjusted EPS of $0.72, missing the $0.90 estimate, and sales of $2.83B, missing the $2.86B estimate. This represents a significant decrease in both earnings and sales compared to the same period last year.
February 20, 2024 | 11:32 am
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Westlake's Q4 earnings and sales missed analyst estimates, with a significant decrease compared to last year.
Missing both earnings and sales estimates, especially with such a significant year-over-year decline, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100