Recap: Westlake Q3 Earnings

Recap: Westlake Q3 Earnings

Westlake WLK reported its Q3 earnings results on Thursday, November 3, 2022 at 06:30 AM.

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

Earnings

Westlake missed estimated earnings by 27.91%, reporting an EPS of $3.1 versus an estimate of $4.3.

Revenue was up $901.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.58 which was followed by a 0.02% increase in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 6.02 4.63 4.49 3.96
EPS Actual 6.60 5.83 4.98 4.69
Revenue Estimate 4.27B 3.48B 2.92B 2.80B
Revenue Actual 4.48B 4.06B 3.51B 3.06B

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-RecapsEarnings