Preview: Westport Fuel Systems's Earnings
Portfolio Pulse from Benzinga Insights
Westport Fuel Systems (NASDAQ:WPRT) is scheduled to release its quarterly earnings report on March 25, 2024, with analysts expecting an EPS of $-0.51. Historical data shows mixed reactions to past earnings, with the last quarter missing estimates and resulting in a 1.45% share price increase the following day. Over the last year, WPRT shares have declined by 28.64%, indicating a bearish outlook among long-term investors.
March 22, 2024 | 2:00 pm
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Westport Fuel Systems is expected to report an EPS of $-0.51 for the upcoming earnings, with historical performance showing mixed reactions to earnings announcements. The stock has seen a 28.64% decline over the past year.
The expected EPS of $-0.51 and historical earnings performance suggest a cautious outlook for WPRT. However, the stock's reaction to earnings can be unpredictable, as seen in the past. The significant yearly decline indicates a bearish sentiment, but the actual earnings result and future guidance will be key factors influencing short-term price movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100