- WPRT shares rose 5.9% since first quarter 2024 results reported. - Loss of 79 cents per share wider than expected, revenues missed estimates. - OEM segment had decreased net sales and operating loss. - IAM segment had increased net sales, operating profit, and gross margin. - WPRT currently has a Zacks Rank #3 (Hold) with some better-ranked players in the auto space. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Westport Innovations incurred wider-than-expected loss in Q4 2023. - Consolidated revenues of $87.2 million surpassed the Zacks Consensus Estimate. - OEM segment saw increased net sales due to higher volumes and engineering service revenues. - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings
