Ballard Power Systems Inc. (BLDP)
Ballard Power Systems Q2: Poor Results And Weak Near-Term Prospects, Hold
Ballard Power Systems Inc. reported weak Q2/2024 results with poor margins and revenues coming in well below expectations. Order intake deteriorated to new multi-year lows as a number of customers pushed out anticipated orders. On the conference call, management warned of delayed market adoption for its fuel cell applications, particularly in the truck vertical.
Ballard Power Systems Inc. (BLDP) Q2 2024 Earnings Call Transcript
Ballard Power Systems Inc. (NASDAQ:BLDP ) Q2 2024 Earnings Conference Call August 12, 2024 11:00 AM ET Company Participants Kate Igbalode - VP, IR Randy MacEwen - CEO Paul Dobson - CFO Conference Call Participants Rupert Merer - National Bank Mac Whale - Cormark Securities Aaron MacNeil - TD Cowen Jordan Levy - Truist Securities Saumya Jain - UBS Kashy Harrison - Piper Sandler Rob Brown - Lake Street Capital Markets Ameet Thakkar - BMO Capital Markets Craig Irwin - ROTH Capital Partners Operator Thank you for standing by. This is the conference operator.
Compared to Estimates, Ballard (BLDP) Q2 Earnings: A Look at Key Metrics
The headline numbers for Ballard (BLDP) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Ballard Power Systems (BLDP) Reports Q2 Loss, Misses Revenue Estimates
Ballard Power Systems (BLDP) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.10 per share a year ago.
Insights Into Ballard (BLDP) Q2: Wall Street Projections for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Ballard (BLDP), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
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