Westlake (NYSE:WLK) reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Westlake beat estimated earnings by 25.92%, reporting an EPS of $5.83 versus an estimate of $4.63.
Revenue was up $1.70 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.49 which was followed by a 1.96% drop in the share price the next day.
Here's a look at Westlake's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 4.49 | 3.96 | 3.34 | 1.51 |
| EPS Actual | 4.98 | 4.69 | 4.04 | 1.87 |
| Revenue Estimate | 2.92B | 2.80B | 2.69B | 2.05B |
| Revenue Actual | 3.51B | 3.06B | 2.86B | 2.36B |
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.
