Ballard Power Systems Earnings Preview: Can This Streak Finally End?

Ballard Power Systems (NASDAQ:BLDP) will report earnings before markets open on Tuesday, April 30th. Ballard Power Systems Inc. designs, develops, manufactures, sells and service hydrogen fuel cells for a range of applications. The Company’s products and services are used in many industries such as materials handling, residential cogeneration, backup power and transportation.

Here is your Cheat Sheet to Ballard Power Systems Earnings:

Earnings Expectations: Analysts expect earnings of $-0.06 per share on revenues of $13.91 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.05 to a loss $0.06. For the current year, the average estimate is a loss of $0.24, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Ballard Power Systems has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 59.58 46.72 65.02 55.77 43.69
Diluted EPS ($) 0.37 -0.04 -0.37 -0.40 -0.48

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 0.76 13.54 10.27 14.15 5.72
Diluted EPS ($) -0.0862 -0.10 -0.08 -0.10 -0.1972

Past Performance:
Ballard Power Systems has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)