Westport Fuel Systems (WPRT) Expected to Announce Quarterly Earnings on Tuesday

Westport Fuel Systems (NASDAQ:WPRT) (TSE:WPRT) is projected to release its Q1 2025 earnings data after the market closes on Tuesday, May 13th. Analysts expect Westport Fuel Systems to post earnings of ($0.47) per share and revenue of $70.96 million for the quarter.

Westport Fuel Systems (NASDAQ:WPRT) (TSE:WPRT) last announced its quarterly earnings results on Monday, March 31st. The auto parts company reported ($0.59) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.35). Westport Fuel Systems had a negative net margin of 8.01% and a negative return on equity of 25.57%. The business had revenue of $75.10 million for the quarter, compared to analyst estimates of $70.68 million. On average, analysts expect Westport Fuel Systems to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Westport Fuel Systems Stock Performance

Shares of NASDAQ:WPRT traded down $0.10 on Tuesday, hitting $2.76. The company had a trading volume of 9,778 shares, compared to its average volume of 45,741. The stock has a 50 day moving average price of $3.35 and a 200 day moving average price of $3.88. The company has a current ratio of 1.60, a quick ratio of 1.00 and a debt-to-equity ratio of 0.16. The stock has a market cap of $47.74 million, a price-to-earnings ratio of -1.85 and a beta of 3.01. Westport Fuel Systems has a 1-year low of $2.39 and a 1-year high of $6.60.

Wall Street Analysts Forecast Growth

WPRT has been the subject of a number of research analyst reports. Royal Bank of Canada reduced their price objective on Westport Fuel Systems from $8.00 to $4.00 and set a “sector perform” rating for the company in a report on Tuesday, April 1st. HC Wainwright reduced their price target on Westport Fuel Systems from $22.00 to $7.00 and set a “buy” rating for the company in a research note on Wednesday, April 9th. Finally, Cormark lowered their price objective on Westport Fuel Systems from $11.50 to $10.80 in a research report on Tuesday, April 1st.

About Westport Fuel Systems

Westport Fuel Systems Inc engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, Asia, North America, South America, and internationally. The company operates through two segments, Original Equipment Manufacturers and Independent Aftermarket.