FY2024 EPS Estimates for 155675 (BLD.TO) Reduced by Analyst

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) – Investment analysts at Cormark dropped their FY2024 earnings estimates for 155675 (BLD.TO) in a report released on Wednesday, November 6th. Cormark analyst M. Whale now expects that the company will post earnings per share of ($0.79) for the year, down from their previous forecast of ($0.67). Cormark currently has a “Hold” rating on the stock. Cormark also issued estimates for 155675 (BLD.TO)’s Q4 2024 earnings at ($0.19) EPS and Q3 2025 earnings at ($0.12) EPS.

Several other equities research analysts also recently issued reports on the company. Cibc World Mkts downgraded 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 13th. Hsbc Global Res cut shares of 155675 (BLD.TO) from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Finally, TD Securities lowered shares of 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a research note on Monday, August 12th.

155675 (BLD.TO) Stock Performance

155675 has a 12-month low of C$49.61 and a 12-month high of C$2.32.

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) last posted its quarterly earnings data on Tuesday, November 5th. The company reported C($0.26) EPS for the quarter, missing analysts’ consensus estimates of C($0.18) by C($0.08). The company had revenue of C$20.13 million for the quarter, compared to analysts’ expectations of C$33.89 million.

About 155675 (BLD.TO)

Ballard Power Systems Inc is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a range of applications, focusing on the power product markets of heavy-duty motive (consisting of bus and tram applications), portable power, material handling and backup power, as well as the delivery of technology solutions, including engineering services, technology transfer and the license and sale of its intellectual property portfolio and fundamental knowledge for a range of fuel cell applications.