Westport Fuel Systems Q1 2024 GAAP EPS $(0.79) Misses $(0.55) Estimate, Sales $77.574M Miss $84.740M Estimate
Portfolio Pulse from Benzinga Newsdesk
Westport Fuel Systems reported Q1 2024 GAAP EPS of $(0.79), missing the $(0.55) estimate, and sales of $77.574M, below the $84.740M estimate. This represents a decrease in performance compared to the same period last year.

May 08, 2024 | 9:27 pm
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NEGATIVE IMPACT
Westport Fuel Systems reported a significant miss in both EPS and sales for Q1 2024, indicating a decrease in performance year-over-year.
The significant miss in both earnings per share and sales compared to analyst estimates, along with a year-over-year decrease in performance, is likely to negatively impact investor sentiment and the stock price of Westport Fuel Systems in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100