National Bank Financial Research Analysts Decrease Earnings Estimates for 155675 (BLD.TO) (TSE:BLD)

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) – Stock analysts at National Bank Financial dropped their Q3 2024 earnings estimates for 155675 (BLD.TO) in a note issued to investors on Monday, September 16th. National Bank Financial analyst R. Merer now expects that the company will post earnings of ($0.22) per share for the quarter, down from their prior forecast of ($0.18). National Bank Financial also issued estimates for 155675 (BLD.TO)’s FY2024 earnings at ($0.68) EPS and FY2025 earnings at ($0.57) EPS.

Other equities research analysts have also recently issued research reports about the stock. TD Securities cut shares of 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a report on Monday, August 12th. Cormark lowered 155675 (BLD.TO) from a “moderate buy” rating to a “hold” rating in a research note on Monday. Finally, Cibc World Mkts downgraded 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 13th.

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 released its quarterly earnings data on Monday, August 12th. The company reported C($0.15) EPS for the quarter, beating the consensus estimate of C($0.18) by C$0.03. The business had revenue of C$21.90 million for the quarter, compared to analysts’ expectations of C$24.98 million.

155675 (BLD.TO) Company Profile

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.