Ballard Power Systems Inc reports results for the quarter ended in March - Earnings Summary

Ballard Power Systems

07/05/2024 15:43

* Ballard Power Systems Inc  BLDP.TO  reported a quarterly
adjusted loss of 14 cents​​ per share for the quarter ended in
March, lower than the same quarter last year, when the company
reported EPS of -11 cents.  The mean expectation of
thirteen analysts for the quarter was for a loss of 14 cents per
share. Wall Street expected results to range from -17 cents
to -11 cents per share.
    * Revenue rose 8.3% to $14.45 million from a year ago;
analysts
expected $16.64 million. 
    * Ballard Power Systems Inc's reported EPS for the quarter
was a
loss of 14 cents​.
    * The company reported a quarterly loss of $41.29 million.
    * Ballard Power Systems Inc shares had risen by 2.7% this
quarter and lost 21.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 

This summary was machine generated from LSEG data May 7 at 02:43
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
 Mar. 31 2024      -0.14          -0.14          Met
 Dec. 31 2023      -0.13          -0.17          Missed
 Sep. 30 2023      -0.13          -0.21          Missed
 Jun. 30 2023      -0.12          -0.10          Beat