Westport Fuel Systems Inc reports results for the quarter ended in March - Earnings Summary

Westport Fuel Systems

07/05/2022 24:01

* Westport Fuel Systems Inc  WPRT.TO  reported a quarterly
adjusted loss of 7 cents​​ per share for the quarter ended in
March. The mean expectation of seven analysts for the quarter
was for a loss of 5 cents per share.
    * Revenue rose 0.1% to $76.54 million from a year ago; 
analysts
expected $72.62 million. 
    * Westport Fuel Systems Inc's reported EPS for the quarter
was 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 25.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Westport Fuel Systems Inc shares had fallen by 20.9% this
quarter and lost 47.2% so far this year.
    * The company reported quarterly net income of $7.71
million.
    * Wall Street's median 12-month price target for Westport
Fuel
Systems Inc is $7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 6 at 11:00 p.m.  ​All
figures in US dollars unless otherwise stated