Westport Fuel Systems Shares Plunge 31% Since Q4 Report
<p><a href='https://financialmodelingprep.com/financial-summary/WPRT'>Westport Fuel Systems (NASDAQ: WPRT)</a> shares dropped more than 31% since the company’s reported Q4 results on Monday, with EPS of ($0.10) coming in worse than the Street estimate of ($0.06). Revenue was $78 million, above the Street estimate of $75 million, but margins were under pressure from higher warranty expenses, lower volumes, and higher input pricing. </p>
<p>The silver lining is in energy price dynamics that continue to improve and could support growth and margin trends, but this could be a late 2023 development, and analysts at RBC Capital think investors will want to see proof of the demand response.</p>

NASDAQ:, WPRT