Q1: 2026-05-05 Earnings Summary
EPS of -$0.77 misses by $0.53
|
Revenue of
$2.65B
(-6.82% Y/Y)
misses by $132.67M
Westlake Corporation (WLK) Q1 2026 Earnings Call May 5, 2026 11:00 AM EDT
Company Participants
Jeff Holy - VP & Chief Accounting Officer
Jean-Marc Gilson - President, CEO & Director
M. Bender - Executive VP & CFO
Conference Call Participants
Patrick Cunningham - Citigroup Inc. Exchange Research
Bhavesh Lodaya - BMO Capital Markets Equity Research
Vincent Andrews - Morgan Stanley, Research Division
David Begleiter - Deutsche Bank AG, Research Division
Frank Mitsch - Fermium Research, LLC
Joshua Spector - UBS Investment Bank, Research Division
John Ezekiel Roberts - Mizuho Securities USA LLC, Research Division
Kevin McCarthy - Vertical Research Partners, LLC
Arun Viswanathan - RBC Capital Markets, Research Division
Peter Osterland - Truist Securities, Inc., Research Division
Patrick Fischer - Goldman Sachs Group, Inc., Research Division
Hassan Ahmed - Alembic Global Advisors
Matthew Blair - Tudor, Pickering, Holt & Co. Securities, LLC, Research Division
Abigail Eberts - Wells Fargo Securities, LLC, Research Division
Jeffrey Zekauskas - JPMorgan Chase & Co, Research Division
Matthew DeYoe - BofA Securities, Research Division
Presentation
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Westlake Corporation's First Quarter 2026 Earnings Conference Call. [Operator Instructions] As a reminder, ladies and gentlemen, this conference is being recorded today, May 5, 2026.
I would like to turn over the call to today's host, Jeff Holy, Westlake's Vice President and Chief Accounting Officer. Sir, you may begin.
Jeff Holy
VP & Chief Accounting Officer
Thank you, Krystal. Good morning, everyone, and welcome to the Westlake Corporation conference call to discuss our first quarter 2026 results. I'm joined today by Albert Chao, our Executive Chairman; Jean-Marc Gilson, our President and CEO; Steve Bender, our Executive Vice President and Chief Financial Officer; and other members of our management team.
During the call, we will refer to our 2 reporting segments: Performance and Essential Materials, which we refer to as PEM or Materials; and Housing and Infrastructure
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