Western Midstream (NYSE:WES) reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Western Midstream missed estimated earnings by 10.77%, reporting an EPS of $0.58 versus an estimate of $0.65.
Revenue was up $71.73 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 0.09% drop in the share price the next day.
Here's a look at Western Midstream's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.62 | 0.57 | 0.54 | 0.58 |
| EPS Actual | 0.61 | 0.55 | 0.44 | 0.62 |
| Revenue Estimate | 736.12M | 682.70M | 657.36M | 687.27M |
| Revenue Actual | 763.84M | 719.13M | 674.97M | 647.48M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
