Westlake Corporation Reports Third Quarter 2024 Results
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Westlake Corporation (NYSE: WLK) reported its third quarter 2024 financial results, showing net sales of $3,117 million, a slight increase from the same period in 2023 but a decrease from the previous quarter. Income from operations and net income also declined compared to both the previous quarter and the same period last year.
November 05, 2024 | 12:30 pm
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Westlake Corporation's Q3 2024 results show a slight increase in net sales year-over-year but a decrease quarter-over-quarter. Income from operations and net income have declined compared to both the previous quarter and the same period last year, indicating potential challenges in maintaining profitability.
The financial results indicate a slight increase in net sales compared to the same period last year, but a decrease from the previous quarter. More importantly, the decline in income from operations and net income suggests potential challenges in profitability, which could negatively impact the stock price in the short term.
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