Preview: Ballard Power Systems's Earnings
Portfolio Pulse from Benzinga Insights
Ballard Power Systems (NASDAQ:BLDP) is set to release its latest quarterly earnings report on August 9, 2023. Analysts estimate an earnings per share (EPS) of $-0.13. The company's past performance shows a pattern of beating EPS estimates, which has sometimes led to an increase in share price. However, the stock has been on a downward trend, with shares down 48.6% over the last 52-week period.
August 08, 2023 | 4:01 pm
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Ballard Power Systems is expected to report an EPS of $-0.13. Despite past EPS beats, the stock has been on a downward trend, with shares down 48.6% over the last 52-week period.
The company's stock has been on a downward trend despite past earnings beats. This suggests that investors are bearish on the stock, and the upcoming earnings report could potentially further depress the stock price, especially if the company fails to meet or beat the EPS estimate.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100