Westlake (WLK) Projected to Post Quarterly Earnings on Thursday

Key Points

• Westlake is expected to report Q3 2026 results before Thursday’s market open, with analysts projecting earnings of $0.571 per share and revenue of $2.94 billion. The earnings call is scheduled for November 4.
• In its previous quarter, Westlake earned $2.01 per share, beating estimates, while revenue rose 10.8% year over year to $3.27 billion.
• Shares have fallen 3.1% and are trading well below their 12-month high; analysts maintain a consensus “Hold” rating with an average price target of $82.20. The company also raised its quarterly dividend slightly to $0.533 per share, yielding approximately 3.5%.

Westlake (NYSE:WLK - Get Free Report) is expected to post its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of $0.5710 per share and revenue of $2.94 billion for the quarter. Interested persons may visit the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, November 4, 2026 at 11:00 AM ET.

Westlake (NYSE:WLK - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The specialty chemicals company reported $2.01 earnings per share for the quarter, beating analysts' consensus estimates of $1.83 by $0.18. Westlake had a positive return on equity of 0.93% and a negative net margin of 10.94%. The business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.24 billion. During the same quarter last year, the business posted ($1.11) earnings per share. The company's revenue for the quarter was up 10.8% on a year-over-year basis. On average, analysts expect Westlake to post $2.64 EPS for the current fiscal year and $2.65 EPS for the next fiscal year.

Westlake Trading Down 3.1%

Shares of WLK stock opened at $60.77 on Thursday. The company has a quick ratio of 1.70, a current ratio of 2.45 and a debt-to-equity ratio of 0.55. The business has a 50-day moving average price of $69.75 and a two-hundred day moving average price of $82.47. Westlake has a 12-month low of $56.33 and a 12-month high of $124.23. The firm has a market cap of $7.77 billion, a P/E ratio of -6.34 and a beta of 0.69.

Westlake Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Tuesday, August 25th were given a dividend of $0.5330 per share. This is a boost from Westlake's previous quarterly dividend of $0.53. The ex-dividend date was Tuesday, August 25th. This represents a $2.13 annualized dividend and a dividend yield of 3.5%. Westlake's dividend payout ratio is currently -22.23%.

Insider Activity at Westlake

In related news, Chairman Albert Chao sold 38,873 shares of the business's stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $80.28, for a total transaction of $3,120,724.44. Following the transaction, the chairman owned 642,880 shares in the company, valued at $51,610,406.40. The trade was a 5.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WLK. JPMorgan Chase & Co. dropped their target price on Westlake from $80.00 to $65.00 and set a "neutral" rating for the company in a research report on Friday, October 16th. Wall Street Zen upgraded shares of Westlake from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. BMO Capital Markets reiterated a "market perform" rating and set a $96.00 price target on shares of Westlake in a research report on Monday, July 6th. UBS Group set a $86.00 price target on shares of Westlake and gave the stock a "buy" rating in a research note on Monday, October 5th. Finally, Truist Financial lowered their price objective on shares of Westlake from $104.00 to $90.00 and set a "buy" rating for the company in a report on Thursday, October 1st. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Westlake has an average rating of "Hold" and a consensus target price of $82.20.

About Westlake

Westlake Corporation is a global manufacturer of performance and essential materials, as well as products used in housing and infrastructure. Headquartered in Houston, Texas, the company serves customers in construction, packaging, healthcare, consumer products, automotive, and other industrial markets.

Westlake's materials portfolio includes chlor-alkali and derivative chemicals, polyethylene, PVC, vinyl intermediates, epoxy resins, and other specialty products. These materials are used in applications such as water treatment, coatings, adhesives, plastics, medical products, and packaging.

Through its housing and infrastructure businesses, Westlake also produces building products including vinyl siding, trim, roofing products, pipe, fittings, and related components.

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