Westlake (WLK) Expected to Announce Earnings on Tuesday

Key Points

• Westlake is expected to report Q1 2026 results before the market opens on Tuesday, May 5; analysts forecast EPS of ($0.3057) and revenue of $2.7573 billion, with a conference call at 11:00 AM ET.
• In the prior quarter Westlake reported EPS of ($0.25) (beating estimates) but revenue was down 10.9% year-over-year and the company posted negative net margin and ROE; analysts project about $2 EPS for the current fiscal year and $3 for the next.
• WLK has a market cap of $14.25 billion and a 52-week range of $56.33–$124.23, pays a quarterly dividend of $0.53 (annualized yield ~1.9%), and CFO Mark Bender sold 17,409 shares in late February.

Westlake (NYSE:WLK - Get Free Report) is expected to issue its Q1 2026 results before the market opens on Tuesday, May 5th. Analysts expect the company to announce earnings of ($0.3057) per share and revenue of $2.7573 billion for the quarter. Parties can find conference call details on the company's upcoming Q1 2026 earning report page for the latest details on the call scheduled for Tuesday, May 5, 2026 at 11:00 AM ET.

Westlake (NYSE:WLK - Get Free Report) last posted its earnings results on Tuesday, February 24th. The specialty chemicals company reported ($0.25) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.47) by $1.22. The company had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.61 billion. Westlake had a negative return on equity of 1.22% and a negative net margin of 13.50%.The firm's quarterly revenue was down 10.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.06 earnings per share. On average, analysts expect Westlake to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Westlake Price Performance

WLK stock opened at $111.29 on Tuesday. Westlake has a 52-week low of $56.33 and a 52-week high of $124.23. The company has a quick ratio of 1.65, a current ratio of 2.24 and a debt-to-equity ratio of 0.55. The business has a fifty day moving average of $110.55 and a two-hundred day moving average of $88.18. The stock has a market cap of $14.25 billion, a price-to-earnings ratio of -9.51 and a beta of 0.75.

Westlake Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Tuesday, March 3rd were issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, March 3rd. Westlake's payout ratio is -18.12%.

Insider Transactions at Westlake

In related news, CFO Mark Steven Bender sold 17,409 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $100.92, for a total value of $1,756,916.28. Following the completion of the sale, the chief financial officer directly owned 44,433 shares in the company, valued at approximately $4,484,178.36. This represents a 28.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.40% of the company's stock.

Institutional Trading of Westlake

Several large investors have recently modified their holdings of WLK. Royal Bank of Canada grew its stake in shares of Westlake by 90.0% during the first quarter. Royal Bank of Canada now owns 38,687 shares of the specialty chemicals company's stock valued at $3,869,000 after acquiring an additional 18,321 shares in the last quarter. AQR Capital Management LLC boosted its stake in Westlake by 9.6% in the first quarter. AQR Capital Management LLC now owns 19,094 shares of the specialty chemicals company's stock valued at $1,881,000 after acquiring an additional 1,668 shares during the period. United Services Automobile Association acquired a new position in Westlake in the first quarter valued at approximately $211,000. Cetera Investment Advisers boosted its stake in Westlake by 43.6% in the second quarter. Cetera Investment Advisers now owns 4,350 shares of the specialty chemicals company's stock valued at $330,000 after acquiring an additional 1,320 shares during the period. Finally, Prudential Financial Inc. boosted its stake in Westlake by 18.2% in the second quarter. Prudential Financial Inc. now owns 3,788 shares of the specialty chemicals company's stock valued at $288,000 after acquiring an additional 582 shares during the period. 28.40% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on WLK shares. Citigroup boosted their target price on Westlake from $130.00 to $145.00 and gave the company a "buy" rating in a report on Wednesday, April 8th. UBS Group boosted their target price on Westlake from $129.00 to $139.00 and gave the stock a "buy" rating in a research report on Wednesday, March 18th. Weiss Ratings restated a "sell (d)" rating on shares of Westlake in a report on Monday, April 20th. Truist Financial upped their target price on Westlake from $117.00 to $127.00 and gave the company a "buy" rating in a research note on Thursday, March 26th. Finally, BMO Capital Markets raised Westlake from a "market perform" rating to an "outperform" rating and upped their target price for the company from $108.00 to $127.00 in a research note on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $110.19.

Westlake Company Profile

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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