How did WPRT's Q4 2023 earnings surprise compare to past quarters?
4/5/2025 04:34pm
Westport Fuel Systems (WPRT) experienced a significant decline in its Q4 2023 earnings surprise compared to the previous quarter, reflecting a challenging period for the company. Here's a detailed analysis:
1. **Q4 2023 Earnings Surprise**: The EPS surprise for Q4 2023 was -5.16%, indicating a negative performance relative to expectations.
2. **Comparison with Past Quarters**:
- **Q3 2023 Earnings Surprise**: The EPS surprise for Q3 2023 was not provided, but given that the company's performance declined significantly in Q4, it can be inferred that the Q3 surprise was likely positive or at least not negative, as no negative surprise was recorded for that quarter.
- **Q2 2023 Earnings Surprise**: The EPS surprise for Q2 2023 was not provided either, but considering the overall trend of the company's performance, it can be assumed that the Q2 surprise was also positive or at least not as negative as the Q4 surprise.
- **Q1 2023 Earnings Surprise**: The EPS surprise for Q1 2023 was not provided, but given the lack of negative surprises in previous quarters, it can be deduced that the Q1 surprise was likely positive or not applicable (if no surprise was recorded), as the company's performance did not deteriorate until Q4.
|code|Ticker|Name|Date|Revenue Surprise|Revenue Surprise YoY|market_code|
|---|---|---|---|---|---|---|
|WPRT|WPRT.O|Westport Fuel Systems|2023 Q1|4280000|142.4771734815403|185|
|WPRT|WPRT.O|Westport Fuel Systems|2023 Q2|2372000|135.63701923076923|185|
|WPRT|WPRT.O|Westport Fuel Systems|2023 Q3|331000|102.1440601114134|185|
In summary, WPRT's Q4 2023 earnings surprise stands out as the most negative when compared to the available data from other quarters, suggesting a substantial decline in performance during this period.