Recap: Western Midstream Q2 Earnings

Western Midstream (NYSE:WES) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:05 PM.

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

Western Midstream missed estimated earnings by 2.63%, reporting an EPS of $0.74 versus an estimate of $0.76.

Revenue was up $157.29 million from the same period last year.

Last quarter the company beat on EPS by $0.13 which was followed by a 0.25% increase in the share price the next day.

Here's a look at Western Midstream's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.62	0.65	0.62	0.57
EPS Actual	0.75	0.58	0.61	0.55
Revenue Estimate	736.85M	769.34M	736.12M	682.70M
Revenue Actual	758.30M	719.21M	763.84M	719.13M

To track all earnings releases for Western Midstream visit their earnings calendar here.

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