Traders Eye Westport (WPRT) Following Cummins (CMI) Q4 Results

February 6, 2013 9:33 AM EST Send to a Friend
Get Alerts WPRT Hot Sheet
Trade WPRT Now!
Join SI Premium – FREE
Westport Innovations, Inc. (NASDAQ: WPRT) on watch Wednesday following quarterly results from Cummins (NYSE: CMI).

In its release, Cummins said net income from the Cummins Westport joint venture fell about 50 percent to about $3 million for the three-months ended December 31, 2012, from $6 million in the prior-year period.

For full-year 2012, the joint venture provided Cummins net income of $14 million, which was flat from the prior year.

Wesport is expected to report quarterly numbers ahead of the opening bell on Thursday. Shares are modestly higher at the start today.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Trader Talk

Add Your Comment