Earnings Outlook For Ballard Power Systems
Portfolio Pulse from Benzinga Insights
Ballard Power Systems (NASDAQ:BLDP) is scheduled to release its quarterly earnings report on Monday, 2024-03-11, with analysts expecting an EPS of $-0.13. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. The company's past earnings performance shows a pattern of not meeting EPS estimates, leading to negative stock price reactions. Shares are currently trading at $3.24, down 38.87% over the last 52 weeks, indicating general dissatisfaction among long-term shareholders.
March 08, 2024 | 2:00 pm
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Ballard Power Systems is expected to report an EPS of $-0.13 for the upcoming quarter. Historical performance shows a trend of not meeting EPS estimates, affecting stock price negatively. Shares have declined 38.87% over the last year.
Given BLDP's history of not meeting EPS estimates and the subsequent negative impact on its stock price, it's likely that any deviation from the expected EPS could result in a short-term negative impact on the stock. The long-term downward trend in share price further emphasizes the importance of this earnings report for investor sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100