Westport Innovations (WPT) Releases Quarterly Earnings Results
Westport Innovations (TSE:WPT) issued its quarterly earnings data on Friday. The company reported ($0.46) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.40) by $0.06, Analyst Ratings Network reports.
Shares of Westport Innovations (TSE:WPT) opened at 18.73 on Friday. Westport Innovations has a 52 week low of $13.67 and a 52 week high of $30.30. The stock has a 50-day moving average of $18.62 and a 200-day moving average of $17.67. The company’s market cap is $1.180 billion.
On a related note, analysts at RBC Capital cut their price target on shares of Westport Innovations from C$23.00 to C$17.00 in a research note on Thursday, May 8th. They now have a “sector perform” rating on the stock.
Westport Innovations Inc (TSE:WPT) is a provider of engine and fuel system technologies utilizing gaseous fuels.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.