Recap: Westlake Q4 Earnings

Westlake 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.

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