Investing.com - Westport Fuel reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Westport Fuel announced earnings per share of $-0.070 on revenue of $71.18M. Analysts polled by Investing.com anticipated EPS of $-0.068 on revenue of $76.69M.
Westport Fuel shares are down 5.02% from the beginning of the year, still down 78.28% from its 52 week high of $3.96 set on November 8, 2021.
Westport Fuel follows other major Industrials sector earnings this month
Westport Fuel's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on October 25 with third quarter EPS of $1.21 on revenue of $16.95B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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