Westlake Chemical: Q4 Earnings Insights

 

Westlake Chemical WLKP reported its Q4 earnings results on Tuesday, February 22, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Check out this: Insiders Buy More Than $170M Of 4 Stocks

Earnings

Westlake Chemical beat estimated earnings by 100.0%, reporting an EPS of $0.84 versus an estimate of $0.42.

Revenue was up $84.80 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.15 which was followed by a 0.27% increase in the share price the next day.

Here's a look at Westlake Chemical's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.51 0.54 0.52 0.51
EPS Actual 0.36 0.71 0.43 0.43
Revenue Estimate 272.51M 298.44M 295.78M 281.10M
Revenue Actual 293.97M 322.23M 268.21M 245.65M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...