Westlake Chemical: Q4 Earnings Insights

Westlake Chemical WLKP 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 Chemical missed estimated earnings by 8.89%, reporting an EPS of $0.41 versus an estimate of $0.45.

Revenue was down $69.57 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 3.25% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.44 0.36 0.47 0.48
EPS Actual 0.37 0.34 0.42 0.48
Revenue Estimate 357.02M 287.47M 391.10M 397.69M
Revenue Actual 321.66M 264.18M 307.68M 366.84M

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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