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Key Points Q3'24 EPS and EBITDA miss on volume declines Management's near-term commentary mixed We rate WLK shares Overweight; our 12-month Target Price is USD185 Summary Westlake Corporation announced Q3’24 earnings this morning: Reported recurring...
Key Points We’re reiterating our Overweight rating on shares of CW after last Thursday’s 3Q24 earnings release and raising our target price by USD9 to USD421. We’ve maintained our 24x terminal...
Key Points Below-consensus Q3’24 EBITDA and EPS. Q4 guidance significantly below consensus on continued destocking Dividend temporarily cut and a series of earnings/cash generation improvement actions announced We have a Neutral rating on...
Key Points In line Q3’24 EPS but EBITDA beat; midpoint of Q4'24 guidance below consensus Pricing weakness observed across all segments (y-o-y) but volumes rose y-o-y in every segment; near-term commentary cautious We...
Key Points Q3’24 EBITDA and EPS beat Q4’24 guidance appears slightly below consensus; corporate strategy refreshed We rate CC shares Overweight, with a 12-month target price of USD27 per share Summary Chemours announced Q3’24 earnings...