WPRT Stock Recent News

Westport (WPRT) is poised to gain from HPDI fuel system technology and Euro 6 and Euro 7 LPG programs amid delayed production in China and strong competition.

Westport (WPRT) reports lower-than-expected first-quarter results. Revenues decline year over year.

Westport Innovations (WPRT) came out with a quarterly loss of $0.79 per share versus the Zacks Consensus Estimate of a loss of $0.55. This compares to loss of $0.60 per share a year ago.

Westport (WPRT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Westport (WPRT) reported earnings 30 days ago. What's next for the stock?

VANCOUVER, BC , April 23, 2024 /PRNewswire/ - Westport Fuel Systems Inc. (TSX: WPRT) (Nasdaq: WPRT) ("Westport" or "The Company") announces that the Company will release financial results for the first quarter of 2024 on Wednesday, May 8, 2024, after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Thursday, May 9, 2024.

Westport's (WPRT) eco-friendly product portfolio and cost reduction are set to boost its prospects. Elevated production costs and rising operational expenses are headwinds.

While Westport (WPRT) posts wider-than-expected loss per share in Q4, revenues during the quarter beat estimates and also rise year over year.

Westport Fuel Systems Inc. reports disappointing Q4 earnings with an 81 cents per share loss, causing the stock to fall. WPRT signs a joint venture with Volvo Group to accelerate the commercialization of its HPDI field system technology. WPRT stock has been on a downward trend, with a reverse stock split in 2023, but its low share price presents an attractive valuation opportunity.

Westport Innovations (WPRT) came out with a quarterly loss of $0.81 per share versus the Zacks Consensus Estimate of a loss of $0.62. This compares to loss of $1 per share a year ago.