Westlake Chemical (NYSE: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.