Westport Fuel Systems Q2 2024 Adj. EPS $(0.32) Beats $(0.53) Estimate, Sales $83.386M Miss $86.924M Estimate
Portfolio Pulse from Benzinga Newsdesk
Westport Fuel Systems (NASDAQ:WPRT) reported Q2 2024 adjusted EPS of $(0.32), beating the analyst estimate of $(0.53). However, sales of $83.386 million missed the $86.924 million estimate and decreased by 1.92% year-over-year.
August 13, 2024 | 9:10 pm
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Westport Fuel Systems reported better-than-expected Q2 2024 EPS of $(0.32) but missed sales estimates with $83.386 million, a 1.92% decrease year-over-year.
The better-than-expected EPS is a positive sign, but the miss on sales and the year-over-year decline could neutralize the impact. Investors may have mixed reactions.
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