Westlake Chemical: Q3 Earnings Insights

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

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

Westlake Chemical missed estimated earnings by 12.5%, reporting an EPS of $0.42 versus an estimate of $0.48.

Revenue was up $121.16 million from the same period last year.

Last quarter the company missed on EPS by $0.02 which was followed by a 4.73% drop in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.49	0.56	0.42	0.51
EPS Actual	0.47	0.46	0.84	0.36
Revenue Estimate	344.04M	316.30M	269.95M	272.51M
Revenue Actual	448.79M	362.40M	330.46M	293.97M

To track all earnings releases for Westlake Chemical visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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