Ballard Power Systems, Inc. (NASDAQ:BLDP) is set to announce third quarter earning results on Friday 6th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, BLDP to report 3Q20 loss of $ 0.05 per share.
For the full year, analysts anticipate top line of $ 115.79 million, while looking forward to loss of $ 0.18 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 130.00 million ~ $ 130.00 million
Click Here For More Historical Outlooks Of Ballard Power Systems, Inc.
Previous Quarter Performance
Ballard Power Systems, Inc. reported loss for the second quarter of $ 0.05 per share, from the revenue of $ 25.80 million. Wall street analysts are predicting, BLDP to report 2Q20 loss of $ 0.04 per share from revenue of $ 26.30 million. The bottom line results missed street analysts by $ 0.01 or 25 percent, at the same time, top line results fell short of analysts by $ 0.5 million or 1.9 percent.
Stock Performance
Shares of Ballard Power Systems, Inc. traded up $ 0.84 or 5.31 percent on Thursday, reaching $ 16.67 with volume of 3.06 million shares. Ballard Power Systems, Inc. has traded high as $ 16.82 and has cracked $ 16.32 on the downward trend
According to the previous trading day, closing price of $ 16.67, representing a 187.82 % increase from the 52 week low of $ 5.50 and a 26.75 % decrease over the 52 week high of $ 21.61.
The company has a market capital of $ 4.32 billion and is part of the Industrials sector and Diversified Industrials industry.
Conference Call
Ballard Power Systems, Inc. will be hosting a conference call at 11:00 AM eastern time on 6th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ballard.com
Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane fuel cell products worldwide. The company offers heavy duty modules, fuel cell stacks, backup power systems, and portable power/ unmanned aerial vehicles, and material handling products.
