Westlake Corporation (WLK) reported a severe financial downturn in Q3 2025, swinging from \(108M net income in Q3 2024 to a **\)782M net loss**, resulting in diluted EPS of ($6.06). Net Sales fell 9% YoY to \(2.84 Billion. The nine-month results reflect a reversal from profitability (\)595M income) to a net loss of ($964M).
The primary driver of the loss was a $727 Million non-cash goodwill impairment charge taken in Q3, entirely within the Performance and Essential Materials (P&EM) segment, related to the North American Chlorovinyls unit due to poor operating performance and forecast rev
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