Westlake: Q2 Earnings Insights

Westlake: Q2 Earnings Insights

 

Westlake WLK reported its Q2 earnings results on Tuesday, August 2, 2022 at 06:30 AM.

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

Earnings

Westlake beat estimated earnings by 9.63%, reporting an EPS of $6.6 versus an estimate of $6.02.

Revenue was up $1.62 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.2 which was followed by a 5.06% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 4.63 4.49 3.96 3.34
EPS Actual 5.83 4.98 4.69 4.04
Revenue Estimate 3.48B 2.92B 2.80B 2.69B
Revenue Actual 4.06B 3.51B 3.06B 2.86B

To track all earnings releases for Westlake visit their earnings calendar here.

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

Posted In: BZI-RecapsEarningsNews