Zacks Basic Materials News Today

Westlake Corporation (WLK) shares have climbed to fresh highs even as its earnings outlook tumbles. WLK's Chemical - Plastic segment also currently lands in the bottom 18% of over 250 Zacks industries.

With optimism springing in markets today on the back of the Fed leaving rates unchanged, several intriguing companies are set to report third quarter results on Friday, November 3 with now looking like a good time to buy their stocks.

The sizable infrastructure investment augurs well for the U.S. steel industry.

Avino Silver (ASM) delivered earnings and revenue surprises of -100% and 9.63%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Fortuna (FSM) delivered earnings and revenue surprises of -80% and 2.82%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Olympic Steel (ZEUS) delivered earnings and revenue surprises of -1.59% and 10.55%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Intrepid Potash (IPI) delivered earnings and revenue surprises of -26.67% and 21.06%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

These gold companies are expected to deliver improved results and are set to beat earnings estimates.

These chemicals industry players are banking on strategic measures, including operating cost reductions, to tide over a still-challenging environment.

Commercial Metals, TimkenSteel, Algoma Steel and Universal Stainless & Alloy have been highlighted in this Industry Outlook article.