Westlake (WLK) Q2 Profit Drops 104%
Westlake (NYSE:WLK), a global manufacturer serving the chemicals and building products industries, reported quarterly earnings on August 5, 2025. The most significant news from the release is that both revenue (GAAP) and profit (non-GAAP EPS) missed market expectations. Earnings per share (Non-GAAP) were $(0.09), or $0.17 below analyst expectations for non-GAAP EPS, and Revenue (GAAP) came in at $2,953 million, missing the consensus GAAP revenue estimate by $54.8 million. Sales, margins, and profits all decreased compared to the prior year, with the company's key Performance and Essential Materials (PEM) segment facing particular headwinds. Overall, the period reflected continued demand weakness, operational disruptions, and a more cautious outlook from management.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Westlake is a vertically integrated company that produces a mix of chemical and building products. It supplies essential materials like ethylene, polyvinyl chloride (PVC) resin, and caustic soda for use across various industries. The company’s operations cover two main segments: Performance and Essential Materials (PEM) and Housing and Infrastructure Products (HIP).
Source Fool.com