Westlake Chemical (NYSE:WLKP) 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 Chemical missed estimated earnings by 17.86%, reporting an EPS of $0.46 versus an estimate of $0.56.
Revenue was up $94.19 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.42 which was followed by a 3.36% drop in the share price the next day.
Here's a look at Westlake Chemical's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.42 | 0.51 | 0.54 | 0.52 |
| EPS Actual | 0.84 | 0.36 | 0.71 | 0.43 |
| Revenue Estimate | 269.95M | 272.51M | 298.44M | 295.78M |
| Revenue Actual | 330.46M | 293.97M | 322.23M | 268.21M |
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.
