Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
CanadaIPO:
08 November 1995Website:
http://www.ballard.comNext earnings report:
11 March 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 00:52:13 GMTDividend
Analysts recommendations
Institutional Ownership
BLDP Latest News
Leading Canadian fuel cell systems developer Ballard Power Systems reported abysmal Q3/2024 results, with revenues and profitability missing consensus expectations by a mile. Consolidated gross margin of -55.6% represented a new all-time low due to an apparent lack of pricing power in the company's core fuel cell bus vertical. With a 12-month backlog of just $58.2 million, the company's 2025 revenues are not likely to be anywhere close to current consensus estimates.
While the top- and bottom-line numbers for Ballard (BLDP) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Ballard Power Systems Inc. (NASDAQ:BLDP ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Sumit Kundu – Manager and Investor Relations Randy MacEwen – Chief Executive Officer Kate Igbalode – Chief Financial Officer Conference Call Participants Rob Brown – Lake Street Capital Markets Jordan Levy – Truist Securities Saumya Jain – UBS Ameet Thakkar – BMO Capital Markets Craig Shere – Tuohy Brothers Rupert Merer – National Bank Mac Whale – Cormark Securities Martin Malloy – Johnson Rice Kashy Harrison – Piper Sandler Operator Hello and welcome to the Ballard Power Systems' Third Quarter 2024 Results Conference Call. As a reminder, all participants are in a listen-only mode and the conference is being recorded.
VANCOUVER, BC , Oct. 3, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Tuesday, November 5 th, 2024 at 8:00 a.m. Pacific Time (11:00 a.m.
VANCOUVER, BC , Sept. 12, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced a global corporate restructuring to reduce corporate spending and in order to maintain balance sheet strength amid a slowdown in hydrogen infrastructure development and delayed fuel cell adoption.
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.
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) 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.
Quarter highlights include new product launch, progress on next-gen plate manufacturing, and data center market development VANCOUVER, BC , Aug. 12, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the second quarter ended June 30, 2024. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS).
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.
What type of business is Ballard Power Systems?
Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training; and provision of engineering services, product and systems integration services, and related technology transfer for a variety of PEM fuel cell applications. It operates in the United States, Germany, Canada, China, Poland, the United Kingdom, the Netherlands, France, Denmark, Belgium, India, Taiwan, Spain, Norway, Australia, Japan, and internationally. The company has a strategic alliance with Linamar Corporation for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles in North America and Europe. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.
What sector is Ballard Power Systems in?
Ballard Power Systems is in the Industrials sector
What industry is Ballard Power Systems in?
Ballard Power Systems is in the Specialty Industrial Machinery industry
What country is Ballard Power Systems from?
Ballard Power Systems is headquartered in Canada
When did Ballard Power Systems go public?
Ballard Power Systems initial public offering (IPO) was on 08 November 1995
What is Ballard Power Systems website?
https://www.ballard.com
Is Ballard Power Systems in the S&P 500?
No, Ballard Power Systems is not included in the S&P 500 index
Is Ballard Power Systems in the NASDAQ 100?
No, Ballard Power Systems is not included in the NASDAQ 100 index
Is Ballard Power Systems in the Dow Jones?
No, Ballard Power Systems is not included in the Dow Jones index
When was Ballard Power Systems the previous earnings report?
No data
When does Ballard Power Systems earnings report?
The next expected earnings date for Ballard Power Systems is 11 March 2025