Westlake (NYSE:WLK – Get Free Report) will likely be posting its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect Westlake to post earnings of $1.83 per share and revenue of $3.2443 billion for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 11:00 AM ET.
Westlake (NYSE:WLK – Get Free Report) last announced its earnings results on Tuesday, May 5th. The specialty chemicals company reported ($0.77) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.67). The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.79 billion. Westlake had a negative net margin of 14.91% and a negative return on equity of 1.89%. The company’s quarterly revenue was down 6.8% on a year-over-year basis. During the same period in the prior year, the company earned ($0.31) earnings per share. 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
Shares of NYSE WLK opened at $70.59 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.56 and a current ratio of 2.17. The company has a market cap of $9.04 billion, a PE ratio of -5.56 and a beta of 0.62. The business has a 50-day simple moving average of $79.45 and a two-hundred day simple moving average of $94.22. Westlake has a fifty-two week low of $56.33 and a fifty-two week high of $124.23.
Westlake Dividend Announcement
Wall Street Analysts Forecast Growth
WLK has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upgraded shares of Westlake from an “underweight” rating to a “neutral” rating and set a $90.00 target price for the company in a research note on Monday, May 18th. Morgan Stanley cut 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. Bank of America decreased their price target on shares of Westlake from $104.00 to $85.00 and set a “neutral” rating for the company in a report on Tuesday, June 30th. Royal Bank Of Canada lowered their price objective on shares of Westlake from $145.00 to $130.00 and set an “outperform” rating for the company in a research note on Monday, May 11th. Finally, Mizuho dropped their price objective on shares of Westlake from $110.00 to $88.00 and set a “neutral” rating on the stock in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $97.64.
Hedge Funds Weigh In On Westlake
Hedge funds and other institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd purchased a new position in Westlake during the 3rd quarter worth approximately $28,000. Quarry LP purchased a new stake in shares of Westlake in the 4th quarter valued at $31,000. CIBC Private Wealth Group LLC purchased a new stake in shares of Westlake in the 3rd quarter valued at $53,000. NewEdge Advisors LLC increased its stake in shares of Westlake by 49.6% in the second quarter. NewEdge Advisors LLC now owns 745 shares of the specialty chemicals company’s stock worth $57,000 after acquiring an additional 247 shares during the period. Finally, Parallel Advisors LLC increased its stake in shares of Westlake by 58.1% in the third quarter. Parallel Advisors LLC now owns 778 shares of the specialty chemicals company’s stock worth $60,000 after acquiring an additional 286 shares during the period. Institutional investors and hedge funds own 28.40% of the company’s stock.
About Westlake
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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