Westlake Swings to Q4 Adjusted Loss as Net Sales Decline

MT Newswires Live

02/24

Westlake (WLK) reported a Q4 adjusted loss Tuesday of $0.25 per diluted share, swinging from earnings of $0.06 a year earlier.

Analysts polled by FactSet expected a non-GAAP loss of $1.41 per share.

Net sales for the quarter ended Dec. 31 were $2.53 billion, down from $2.84 billion a year earlier.

Analysts surveyed by FactSet expected $2.60 billion.

Shares of Westlake were up more than 2% in recent premarket activity Tuesday.

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