The following snippet is from Adamek, Rosicky:Algebra and local presentability,how algebraic are.
It is unclear to me the end of Example 5.1:
Since $e$ is the coequalizer of $\bar{u}_1,\bar{u}_2$ in $\mathbf{Pos}$, we conclude that $W$ does not preserve $W-$split coequalizers.
Why?
The snippet:

$e$ is the coequalizer in $\mathbf{Pos}$, but it can't be in $\mathbf{Alg}$ : $L/E$ is not algebraic !
So if $f$ is the coequalizer of $\overline{u_1,u_2}$ in $\mathbf{Alg}$, $W(f) \neq e$ (or rather : the codomain of $W(f)$ is not isomorphic to that of $e$ (as it is an algebraic lattice, as opposed to that of $e$) so $W(f)$ is not a coequalizer in $\mathbf{Pos}$) so $W$ does not preserve the equalizer in question.