Raymond James Weighs in on 155675 (BLD.TO) FY2024 Earnings

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) – Analysts at Raymond James cut their FY2024 EPS estimates for 155675 (BLD.TO) in a research report issued on Thursday, November 7th. Raymond James analyst M. Glen now anticipates that the company will post earnings of ($0.79) per share for the year, down from their prior estimate of ($0.64). Raymond James also issued estimates for 155675 (BLD.TO)’s FY2025 earnings at ($0.60) EPS.

Several other research analysts have also recently weighed in on BLD. Hsbc Global Res cut 155675 (BLD.TO) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 6th. TD Securities downgraded 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a research report on Monday, August 12th. Cormark downgraded shares of 155675 (BLD.TO) from a “moderate buy” rating to a “hold” rating in a report on Monday, September 16th. Finally, Cibc World Mkts lowered shares of 155675 (BLD.TO) from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 13th.

155675 (BLD.TO) Price Performance

155675 has a 1-year low of C$49.61 and a 1-year high of C$2.32.

155675 (BLD.TO) (TSE:BLD) (NASDAQ:BLDP) last issued 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 analyst estimates of C$33.89 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.