Ballard Power Systems Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
13 Mar
Ballard Power Systems Inc reports results for the quarter ended December 31 - Earnings Summary
  • Ballard Power Systems Inc BLDP.TO reported a quarterly adjusted loss of 15 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -17 cents. The mean expectation of fifteen analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -17 cents to -9 cents per share.

  • Revenue fell 46.9% to $24.52 million from a year ago; analysts expected $30.74 million.

  • Ballard Power Systems Inc's reported EPS for the quarter was a loss of 15 cents​.

  • The company reported a quarterly loss of $46.47 million.

  • Ballard Power Systems Inc shares had fallen by 25.9% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 2.3% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 13 "hold" and 3 "sell" or "strong sell."

  • The average consensus recommendation for the renewable energy equipment & services peer group is also "hold"

Wall Street's median 12-month price target for Ballard Power Systems Inc is $2.00

This summary was machine generated from LSEG data March 13 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

-0.13

-0.15

Missed

Sep. 30 2024

-0.13

-0.68

Missed

Jun. 30 2024

-0.13

-0.11

Beat

Mar. 31 2024

-0.14

-0.14

Met

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