Westlake (NYSE:WLK) reported its Q4 earnings results on Tuesday, February 20, 2024 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Westlake missed estimated earnings by 20.0%, reporting an EPS of $0.72 versus an estimate of $0.9.
Revenue was down $473.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23 which was followed by a 2.2% increase in the share price the next day.
Here’s a look at Westlake’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.97 | 2.93 | 2.14 | 2.28 |
| EPS Actual | 2.20 | 2.31 | 3.05 | 1.79 |
| Revenue Estimate | 3.26B | 3.50B | 3.39B | 3.39B |
| Revenue Actual | 3.12B | 3.25B | 3.36B | 3.30B |
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.
