Traders Eye Westport (WPRT) Following Cummins (CMI) Q4 Results
Tweet
Share
E-mailGet Alerts WPRT Hot Sheet
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.
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
- BJ's Wholesale Club (BJ) Tops Q2 EPS by 19c, Beats on Revenue; Offers FY27 EPS Guidance
- Wolfspeed (WOLF) Misses Q4 EPS by 174c; Offers Guidance
- SEC accuses ex-BofA senior banker Satsky of insider trading - Bloomberg
Create E-mail Alert Related Categories
Earnings, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
