Earnings Outlook For Ballard Power Systems

Ballard Power Systems BLDP is set to give its latest quarterly earnings report on Friday, 2023-03-17. Here's what investors need to know before the announcement.

Analysts estimate that Ballard Power Systems will report an earnings per share (EPS) of $-0.14.

Ballard Power Systems bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Ballard Power Systems's past performance and the resulting price change:

Stock Performance

Shares of Ballard Power Systems were trading at $5.03 as of March 15. Over the last 52-week period, shares are down 57.11%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Ballard Power Systems visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.