Westlake Corp Reports Q4 2024 Earnings

Westlake Corp has expanded its product offerings, introducing new profiles and colors to its siding lines, including Celect Cellular Composite Siding and Versetta Stone. The company has also introduced new architectural PVC trim and mouldings to enhance outdoor living spaces.

Key Highlights from Q4 2024 Earnings Report

• Westlake Corp reported a 7% increase in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) compared to the same period in the previous year.
• The company achieved record income in its HIP (High Impact Polystyrene) segment.
• However, the company’s EPS (Earnings Per Share) fell short of market estimates.

Market Reaction and Outlook

• Truist Financial issued a pessimistic forecast for Westlake Corp’s stock price.
• Options trading activity has been unusually large, with investors buying put options on the company.

Note: The information provided is based on publicly available data and may not reflect the company’s current financial situation or future prospects.