Recap: Western Midstream Q1 Earnings


Western Midstream WES reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.

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


Western Midstream beat estimated earnings by 3.12%, reporting an EPS of $0.66 versus an estimate of $0.64.

Revenue was down $24.32 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 3.42% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.73 0.74 0.76 0.62
EPS Actual 0.85 0.66 0.74 0.75
Revenue Estimate 839.52M 861.08M 806.68M 736.85M
Revenue Actual 779.44M 837.57M 876.42M 758.30M

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.

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