For the quarter ended March 2026, Western Midstream (WES Quick QuoteWES - Free Report) reported revenue of $1.12 billion, up 22.5% over the same period last year. EPS came in at $0.85, compared to $0.79 in the year-ago quarter.

The reported revenue represents a surprise of +13.02% over the Zacks Consensus Estimate of $994.13 million. With the consensus EPS estimate being $0.74, the EPS surprise was +15.18%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Western Midstream performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Throughput Attributable to Noncontrolling Interest for Natural Gas Assets per day: 184 millions of cubic feet per day compared to the 181.05 millions of cubic feet per day average estimate based on two analysts.
• Throughput for natural-gas assets per day - Total throughput: 5393 millions of cubic feet per day versus 5330.22 millions of cubic feet per day estimated by two analysts on average.
• Total throughput attributable to WES for natural-gas assets per day: 5209 millions of cubic feet per day compared to the 5149.18 millions of cubic feet per day average estimate based on two analysts.
• Throughput for natural-gas assets per day - Equity Investment: 464 millions of cubic feet per day compared to the 526.57 millions of cubic feet per day average estimate based on two analysts.
• Throughput for natural-gas assets per day - Delaware Basin: 2035 millions of cubic feet per day compared to the 2019.29 millions of cubic feet per day average estimate based on two analysts.
• Throughput for produced-water assets per day - Delaware Basin: 2848 millions of barrels of oil per day versus the two-analyst average estimate of 2836.23 millions of barrels of oil per day.
• Throughput for natural-gas assets per day - Equity investments: 464 millions of cubic feet per day versus the two-analyst average estimate of 526.57 millions of cubic feet per day.
• Throughput for crude-oil and NGLs assets per day - Delaware Basin: 272 millions of barrels of oil per day compared to the 261.64 millions of barrels of oil per day average estimate based on two analysts.
• Throughput for crude-oil and NGLs assets per day - DJ Basin: 97 millions of barrels of oil per day compared to the 95.55 millions of barrels of oil per day average estimate based on two analysts.
• Throughput for crude-oil and NGLs assets per day - Equity investments: 102 millions of barrels of oil per day versus 99.41 millions of barrels of oil per day estimated by two analysts on average.
• Throughput for crude-oil and NGLs assets per day - Other: 35 millions of barrels of oil per day versus 36.16 millions of barrels of oil per day estimated by two analysts on average.
• Throughput for natural-gas assets per day - DJ Basin: 1520 millions of cubic feet per day versus the two-analyst average estimate of 1465.81 millions of cubic feet per day.

View all Key Company Metrics for Western Midstream here>>>

Shares of Western Midstream have returned +3.6% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.