Aug. 12 at 4:15 PM
$WLK posts a Q2 loss and misses estimates — is the stock in trouble? 📉
- Reported a loss of
$142M or
$1.11/share vs. a profit last year
- Adjusted loss per share of 9 cents missed the Zacks Consensus Estimate of 6 cents
- Sales dropped 7.9% YoY for the quarter, missing estimates due to lower volumes and prices
Understand the risks before investing in WLK 👉 https://www.zacks.com/stock/news/2702731/westlake-q2-earnings-miss-estimates-revenues-decline-yy?cid=sm-stocktwits-2-2702731-body-7473&ADID=SYND_STOCKTWITS_TWEET_2_2702731_BODY_7473