Ballard Power Systems (NASDAQ: BLDP) has set the date for the release of its third quarter financial results on Tuesday 5th November 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.
According to predictions from financial analysts on Wall Street, the establishment is expected to report an estimated per share $0.18 loss for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $32.83 million during this period.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of loss of $0.21. This was credited to the company's total revenue, which reached an impressive $27.58 million in that particular timeframe.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $139.01 million. Additionally, the earnings per share for the company are also anticipated to reach loss of $0.69 over the course of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-0.11 | -10.0% | 16.00 M | +4.5% |
| Q1 2024 | $-0.14 | -27.3% | 14.50 M | +9.0% |
| Q4 2023 | $-0.16 | -33.3% | 46.80 M | +128.3% |
| Q3 2023 | $-0.21 | -50.0% | 27.58 M | +29.5% |
| Q2 2023 | $-0.10 | +47.4% | 15.31 M | -26.8% |
| *Growth on year-over-year basis | ||||
BLDP will host a conference call with investment community on 5th November 2024 at 11:00 AM eastern time to discuss the financial results.
During Friday's trading, Ballard Power Systems (BLDP) shares reached a low of $1.59 and a high of $1.71, along with a total volume of 4.02 million shares. The stock ended the regular trading session at $1.62, indicating a rise of 2.53 percent.
