Kontoor Brands Reports 2024 Fourth Quarter and Full Year Results; Provides 2025 Outlook https://t.co/A5CidjqpMZ https://t.co/MESX8GRG7c
Krispy Kreme Reports Fourth Quarter and Full Year 2024 Financial Results https://t.co/vNbYrObkcT https://t.co/NhANathkaX
Easterly Government Properties Reports Fourth Quarter 2024 Results https://t.co/ySybSq1CN7 https://t.co/lLVoWuMDbg
Westlake Corporation has reported its fourth quarter and full year 2024 financial results, revealing a GAAP earnings per share (EPS) of $0.43, which exceeded analysts' expectations of $0.36. The company reported sales of $290.06 million, surpassing the estimated $262.00 million. However, Westlake's other segment, Westlake Chemical, reported an adjusted EPS of $0.06, which fell short of the forecasted $1.09. Additionally, its revenue of $2.84 billion missed the $2.94 billion estimate, reflecting a year-over-year increase of 0.60%. The non-GAAP EPS also missed expectations by $1.11, indicating a significant decline of 91.67% year-over-year. The company’s stock was down 3.6% in pre-market trading following the announcement.
