Westlake's Q3 Earnings and Revenues Miss Estimates on Lower Volumes
Portfolio Pulse from
Westlake's Q3 earnings and revenues missed estimates due to lower sales volumes, despite an increase in average sales prices.

November 12, 2024 | 1:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Westlake's Q3 earnings and revenues missed estimates due to lower sales volumes, despite an increase in average sales prices.
The company's Q3 earnings and revenues missed estimates, which is likely to negatively impact the stock price in the short term. The miss was primarily due to lower sales volumes, which more than offset the benefit of higher average sales prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100