Ballard Power Systems Third Quarter 2024 Earnings: Misses Expectations

Simply Wall St.2024-11-06

Ballard Power Systems (TSE:BLDP) Third Quarter 2024 Results Key Financial Results Revenue: US$14.8m (down 47% from 3Q 2023). Net loss: US$204.5m (loss widened by 228% from 3Q 2023). US$0.68 loss per ...

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All figures shown in the chart above are for the trailing 12 month  period. Revenue missed analyst estimates by 40%. Earnings per share  also missed analyst estimates significantly.Looking ahead, revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electrical industry in Canada.The company's shares are up 3.2% from a week ago.You should always think about risks. Case in point, we've spotted   1 warning sign for Ballard Power Systems  you should be aware of.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"BLDP":"巴拉德动力系统"},"translate_title":"巴拉德电力系统2024年第三季度收益：未达预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLDP":1},"content_text":"Ballard Power Systems (TSE:BLDP) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$14.8m (down 47% from 3Q 2023).\nNet loss: US$204.5m (loss widened by 228% from 3Q 2023).\nUS$0.68 loss per share (further deteriorated from US$0.21 loss in 3Q 2023).\n\n\n\n\n  TSX:BLDP Earnings and Revenue Growth November 6th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nBallard Power Systems Revenues and Earnings Miss Expectations\n Revenue missed analyst estimates by 40%. Earnings per share (EPS) also missed analyst estimates significantly. \n Looking ahead, revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electrical industry in Canada. \nPerformance of the Canadian Electrical industry.\n The company's shares are up 3.2% from a week ago. \nRisk Analysis\n You should always think about risks. Case in point, we've spotted   1 warning sign for Ballard Power Systems  you should be aware of. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481565673"}