Ballard Power Systems (BLD) to Post FY2019 Earnings of $0.00 Per Share, B. Riley Forecasts

Ballard Power Systems (TSE:BLD) (NASDAQ:BLDP) – Analysts at B. Riley dropped their FY2019 earnings per share (EPS) estimates for Ballard Power Systems in a research note issued to investors on Thursday, May 3rd. B. Riley analyst C. Driscoll now expects that the company will post earnings of $0.00 per share for the year, down from their previous forecast of $0.01. B. Riley also issued estimates for Ballard Power Systems’ Q4 2019 earnings at $0.01 EPS.

Shares of BLD opened at C$4.25 on Friday. Ballard Power Systems has a twelve month low of C$2.86 and a twelve month high of C$7.57.

Ballard Power Systems (TSE:BLD) (NASDAQ:BLDP) last posted its earnings results on Wednesday, February 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. Ballard Power Systems had a negative return on equity of 3.42% and a negative net margin of 3.22%. The business had revenue of C$51.18 million for the quarter, compared to the consensus estimate of C$43.76 million.

Ballard Power Systems 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.

Earnings History and Estimates for Ballard Power Systems (TSE:BLD)

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