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Market Impact: 0.4

Westlake (WLK) Reports Q1 Loss, Lags Revenue Estimates

WLK
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Westlake reported a quarterly loss of $0.77 per share, well below the Zacks Consensus Estimate for a $0.22 loss and wider than the $0.31 loss posted a year ago. The result points to deteriorating fundamentals and a material earnings miss versus expectations. The report is likely to weigh on WLK shares in the near term.

Analysis

Westlake reported a quarterly loss of $0.77 per share, well below the Zacks Consensus Estimate for a $0.22 loss and wider than the $0.31 loss posted a year ago. The result points to deteriorating fundamentals and a material earnings miss versus expectations. The report is likely to weigh on WLK shares in the near term.

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Market Sentiment

Overall Sentiment

strongly negative

Sentiment Score

-0.55

Ticker Sentiment

WLK-0.86