Westlake Q2 EPS $2.31 Misses $2.83 Estimate, Sales $3.25B Miss $3.45B Estimate
Portfolio Pulse from Benzinga Newsdesk
Westlake (NYSE:WLK) reported Q2 earnings of $2.31 per share, missing the analyst consensus estimate of $2.83 by 18.37%. This is a 65% decrease from the same period last year. The company also reported quarterly sales of $3.25 billion, missing the analyst consensus estimate of $3.45 billion by 5.80%. This is a 27.50% decrease from the same period last year.
August 04, 2023 | 12:49 pm
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Westlake's Q2 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Westlake's earnings and sales for Q2 significantly missed analyst estimates, and also marked a substantial decrease from the same period last year. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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