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Westport Innovations (WPRT) Reports Q1 Loss, Misses Revenue Estimates
WPRTWestport Fuel Systems(WPRT) ZACKS·2025-05-13 23:15

Company Performance - Westport Innovations (WPRT) reported a quarterly loss of 0.14pershare,significantlybetterthantheZacksConsensusEstimateofalossof0.14 per share, significantly better than the Zacks Consensus Estimate of a loss of 0.47, and an improvement from a loss of 0.79pershareayearago,indicatinganearningssurpriseof70.210.79 per share a year ago, indicating an earnings surprise of 70.21% [1] - The company posted revenues of 70.96 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.51%, and down from 77.57millioninthesamequarterlastyear[2]−Overthelastfourquarters,WestporthassurpassedconsensusEPSestimatesthreetimesandtoppedconsensusrevenueestimatestwotimes[2]StockOutlook−Westportshareshavedeclinedapproximately19.177.57 million in the same quarter last year [2] - Over the last four quarters, Westport has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Outlook - Westport shares have declined approximately 19.1% since the beginning of the year, contrasting with the S&P 500's decline of -0.6% [3] - The current consensus EPS estimate for the upcoming quarter is -0.39 on revenues of 77.07million,andforthecurrentfiscalyear,itis−77.07 million, and for the current fiscal year, it is -2.42 on revenues of $153.71 million [7] - The estimate revisions trend for Westport is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Automotive - Original Equipment industry, to which Westport belongs, is currently ranked in the bottom 36% of over 250 Zacks industries, suggesting that the industry outlook may negatively impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]