Ballard Power Systems Q2 EPS $(0.10) Beats $(0.13) Estimate, Sales $15.30M Miss $15.88M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ballard Power Systems reported Q2 losses of $(0.10) per share, beating the analyst consensus estimate of $(0.13) by 23.08%. However, the company's quarterly sales of $15.30 million missed the analyst consensus estimate of $15.88 million by 3.65%. This represents a 26.79% decrease over sales from the same period last year.
August 09, 2023 | 12:33 pm
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Ballard Power Systems reported better than expected Q2 EPS but missed on sales. This mixed report may lead to uncertainty in the market.
Ballard Power Systems reported a better than expected EPS, which is a positive signal for investors. However, the company missed on sales, which could be a concern. The mixed report may lead to uncertainty in the market, potentially impacting the stock price in the short term.
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RELEVANCE 100