Westlake (NYSE: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.
