Westlake (WLK) Projected to Announce Earnings on Tuesday

Westlake (NYSE:WLKGet Free Report) is projected to announce its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect the company to post earnings of $1.83 per share and revenue of $3.2443 billion for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, August 4, 2026 at 11:00 AM ET.

Westlake (NYSE:WLKGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The specialty chemicals company reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.67). The company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.79 billion. Westlake had a negative return on equity of 1.89% and a negative net margin of 14.91%.The firm’s revenue for the quarter was down 6.8% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.31) EPS. On average, analysts expect Westlake to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Westlake Price Performance

WLK stock traded up $1.18 during midday trading on Tuesday, reaching $73.51. The company had a trading volume of 155,470 shares, compared to its average volume of 1,221,207. Westlake has a 1-year low of $56.33 and a 1-year high of $124.23. The stock has a 50 day moving average price of $80.80 and a 200-day moving average price of $94.54. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.17 and a quick ratio of 1.56. The company has a market capitalization of $9.42 billion, a price-to-earnings ratio of -5.79 and a beta of 0.62.

Westlake Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Wednesday, May 27th were given a $0.53 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $2.12 annualized dividend and a dividend yield of 2.9%. Westlake’s payout ratio is presently -16.69%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in WLK. Daiwa Securities Group Inc. boosted its position in Westlake by 2.9% during the 4th quarter. Daiwa Securities Group Inc. now owns 4,108 shares of the specialty chemicals company’s stock worth $304,000 after buying an additional 117 shares during the period. The Manufacturers Life Insurance Company increased its position in Westlake by 0.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 28,134 shares of the specialty chemicals company’s stock valued at $2,136,000 after acquiring an additional 165 shares during the period. Transamerica Financial Advisors LLC raised its stake in shares of Westlake by 37.4% during the fourth quarter. Transamerica Financial Advisors LLC now owns 805 shares of the specialty chemicals company’s stock valued at $59,000 after acquiring an additional 219 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Westlake by 49.6% during the second quarter. NewEdge Advisors LLC now owns 745 shares of the specialty chemicals company’s stock valued at $57,000 after acquiring an additional 247 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its holdings in shares of Westlake by 1.7% during the second quarter. Treasurer of the State of North Carolina now owns 15,608 shares of the specialty chemicals company’s stock worth $1,185,000 after purchasing an additional 266 shares during the period. Institutional investors own 28.40% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on WLK. Zacks Research lowered shares of Westlake from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 21st. Weiss Ratings reiterated a “sell (d)” rating on shares of Westlake in a research note on Friday, July 17th. Citigroup dropped their price objective on Westlake from $95.00 to $85.00 and set a “neutral” rating for the company in a research report on Wednesday, June 24th. The Goldman Sachs Group set a $85.00 target price on Westlake in a research report on Thursday, July 16th. Finally, Morgan Stanley reduced their price target on shares of Westlake from $106.00 to $92.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $97.64.

Read Our Latest Stock Analysis on WLK

About Westlake

(Get Free Report)

Westlake Corp. is a global manufacturer of petrochemicals, polymers and building products, serving customers across industrial and residential markets. The company’s core operations encompass the production of vinyls—primarily polyvinyl chloride (PVC) and its key feedstock vinyl chloride monomer (VCM)—as well as chlor-alkali products including caustic soda and chlorine. In addition, Westlake produces ethylene, propylene and specialty elastomers, along with construction-related materials such as vinyl siding, trim, windows and roofing systems.

Operating a network of vertically integrated plants and distribution centers, Westlake serves markets in North America, Europe and Asia.

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Earnings History for Westlake (NYSE:WLK)

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