Recap: Western Midstream Q2 Earnings

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Western Midstream 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.

Earnings

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.

Past Earnings Performance

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.

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