Benzinga | Aug 10, 2020 04:22PM EDT

Western Midstream Q2 EPS $0.60 Beats $0.50 Estimate, Sales $671.77M Miss $713.74M Estimate

Western Midstream (NYSE:WES) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.50 by 20 percent. This is a 62.16 percent increase over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $671.77 million which missed the analyst consensus estimate of $713.74 million by 5.88 percent. This is a 1.94 percent decrease over sales of $685.05 million the same period last year.