Westport innovations appeared with a quarterly loss of USD 0.14 per share compared to the Fanner of Zacks as a result of a loss of USD 0.47. Compared to a loss of USD 0.79 per share a year ago. These numbers are adapted to unreported elements.
This quarterly report is a surprise from earnings of 70.21%. It was expected that this creator of GAS engine technology from a natural species would issue a loss of USD 0.24 per share, when he actually caused a loss of USD 0.59, which ensures a surprise of $ 1,145.83%.
Over the past four quarters, the company has exceeded EPS in consensus estimates three times.
Westport, which belongs to the Zacks Automotive industry – original devices, published revenues in the amount of USD 70.96 million for a quarter completed by March 2025, there is a lack of estimation of Zacks consensus by 1.51%. This is compared to revenues from year to year in the amount of USD 77.57 million. The company has exceeded the respect of consensus revenues twice in the last four quarters.
The sustainable development of immediate price movement based on recently issued numbers and future expectations of profits will depend mainly on management comments on the combination of profits.
Westport shares lost about 19.1% from the beginning of the year compared to the decrease in S&P 500 by -0.6%.
What next for Westport?
While Westport has achieved worse results on the market so far, the question that comes to the mind of investors is: what next with actions?
There is no uncomplicated answer to this key question, but one reliable measure that can assist investors take care of this is the prospect of the company’s earnings. This includes not only the current expectations of consensus earnings for the upcoming quarter, but also about how these expectations have changed recently.
Empiric studies show a powerful correlation between low -term reserves movements and trends in the audit of estimation of earnings. Investors can follow such changes themselves or rely on a tried and tested rating tool, such as the rank of Zacks, which has impressive achievements related to the apply of improving earnings estimates.
Before this profit profit, estimated changes for Westport: unfavorable. While the size and direction of the audit of estimates may change after the company’s profit report has just translates into the rank of Zacks No. 4 (sale) for shares. Actions are expected to achieve worse results in the near future.
It will be compelling how the estimates of the upcoming quarters and this financial year change in the coming days. Current EPS estimates of the consensus is –0.39 USD at 77.07 million USD revenues for the upcoming quarter and –2,42 USD at USD 153.71 million revenues for the current financial year.
Investors should remember that industry prospects may have a significant impact on the results of the campaign. In terms of the rank of the Zacks Automotive industry – the original equipment is currently in the lowest 36% of the Zacks 250 industry. Our studies show that 50% of the best industries from the Zacks ranking exceeded the lower 50% by a factor of over 2 to 1.
Further supplies of the same industry, Luminar Technologies, Inc., have not yet reported results in the quarter of March 2025. It is expected that the results will be issued on May 14.
This company is expected to publish a quarterly loss of USD 1.62 per share in its upcoming report, which is a change in year by year +43.2%. Consense Eps estimates for the quarter remained unchanged in the last 30 days.
Luminar Technologies, Inc. revenues are expected They will amount to USD 17.04 million, which is an 18.8% decrease compared to the year of the year.
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