Westlake (WLK) Set to Post Quarterly Earnings on Thursday

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

Westlake (NYSE:WLK) last announced its quarterly earnings data on Tuesday, August 4th. The specialty chemicals company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.18. The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.24 billion. Westlake had a negative net margin of 10.94% and a positive return on equity of 0.93%. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the business earned ($1.11) EPS. 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 Stock Down 3.1%

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

Westlake Increases Dividend

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

Insider Activity

In related news, Chairman Albert Chao sold 38,873 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $80.28, for a total transaction of $3,120,724.44. Following the completion of 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on WLK shares. Citigroup reiterated a “neutral” rating and set a $67.00 target price (down from $85.00) on shares of Westlake in a research note on Monday, October 5th. Royal Bank Of Canada lowered their price target on shares of Westlake from $95.00 to $74.00 and set an “outperform” rating on the stock in a report on Tuesday, October 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Westlake in a research note on Thursday, October 15th. BMO Capital Markets reaffirmed a “market perform” rating and set a $96.00 target price on shares of Westlake in a research note on Monday, July 6th. Finally, Truist Financial reduced their price objective on Westlake from $104.00 to $90.00 and set a “buy” rating on the stock in a research note on Thursday, October 1st. Four research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Westlake presently has an average rating of “Hold” and a consensus target price of $82.20.

Westlake Company Profile

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.