Ballard Power Systems misses by $0.01, beats on revenue


Ballard Power Systems (NASDAQ:BLDP): Q2 EPS of -$0.03 misses by $0.01.

Revenue of $18.5M (+26.7% Y/Y) beats by $1.33M.

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Comments (14)
  • GameKing13
    , contributor
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    Will the market react well to this or badly?
    29 Jul 2014, 11:58 PM Reply Like
  • jsIRA
    , contributor
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    I would like to see it down and buying on dip. Long term trend is up in this sector.
    30 Jul 2014, 12:28 AM Reply Like
  • riversedge
    , contributor
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    200% increase in material handling! ...up she goes
    30 Jul 2014, 12:43 AM Reply Like
  • JDAdams51
    , contributor
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    Am just an amateur but I don't see much movement either way, leaning toward the downside simply because there's 3 financial negatives as reported despite the overall positive position the company is in. For comparison, GTAT has numerous positives on it's side, with the only negatives based upon pure speculation, yet down almost $7.00 (30%) in the past 3 weeks. My point: Doesn't take much to drive stock down.
    30 Jul 2014, 01:28 AM Reply Like
  • phall7
    , contributor
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    JD - Not sure why the headline states a miss by $0.01. Negative $.03 is what was guided... Guidance is affirmed for the balance of 2014, with supporting catalysts to drive stock higher into 2015. New contracts, increasing interest, etc. Heck, Toyota has changed direction in favor of fuel cell technology, yet there is still a lot of questioning the viability of this technology. GE is now getting into the picture, and rather than accept this as further confirmation of this technology, nay sayers still want to use it to drive Ballard down??? Walmart, VW, Toyota, and many others are embracing this technology. The IP Ballard acquired from UTC is valuable also. Royalties and licensing revenues should improve the profit and EPS performance in the next few quarters. I understand there is uncertainty and at times counter intuitive movement in the market, but my advice is to take a more holistic view, but appropriate time frames in mind, especially if you use options... For BLDP, I am only using common shares so I don't have to worry about expirations at this point. Maybe I will buy calls when things are less "squirrelly."
    30 Jul 2014, 01:44 AM Reply Like
  • toneroner
    , contributor
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    Large energy investor for bloom today for 21MW http://bit.ly/1o1HIuY . The sector is getting allot of attention. Hope the news lifts sector overall since bad news has an effect on all the plays
    30 Jul 2014, 02:18 AM Reply Like
  • Holthusen
    , contributor
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    Thank you phall7 (& crusinbear) for setting the record straight. The last thing we need is negative incorrect reporting on Securities we invest in!
    30 Jul 2014, 05:32 AM Reply Like
  • cruzinbear
    , contributor
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    The company's performance as shown in the press release is amazing. Although they missed mean EPS by $0.01, it is still an improvement of 30% Y/Y !!! Gross Revenue up, Gross Margin up, and Cash Reserves up Y/Y - this is positive news. I recently started to trade fuel cell related stocks but was skeptical about their coming quarterly earnings. This earnings report validates the business commercialization of fuel cell technology - at least for BLDP. It is great for the entire sector, including FCEL and PLUG.
    30 Jul 2014, 01:52 AM Reply Like
  • Rodney Ruxin
    , contributor
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    should be interesting tomorrow.
    30 Jul 2014, 01:59 AM Reply Like
  • JDAdams51
    , contributor
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    I do believe BLDP is an excellent and relatively safe (less volatile) bet because they DO have good numbers. PLUG is bewildering yet outperforms a company it should be following it seems t me. My comments (above and here) are based simply upon a gut feeling. I think PLUG will actually outperform BLDP tomorrow, based upon BLDP's numbers, which seems odd but not unrealistic. I agree with the other comments ... at least what I understand. :-) I also agree the business of fuel cell tech. is a potentially huge, growing sector. I'm learning.
    30 Jul 2014, 02:04 AM Reply Like
  • Holthusen
    , contributor
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    Doesn't BLDP supply PLUG? I view PLUG as a vendor of completed products, not a developer. I agree this is a great new area of power generation and I'm way behind on the learning curve.
    Technology is racing towards the future at an incredible rate. As a former Engineer, I'm amazed at progress all around me...yet we are letting our bridges & other infrastructure rust away.
    30 Jul 2014, 05:38 AM Reply Like
  • DSC214
    , contributor
    Comments (28) | Send Message
     
    Most customers want a finished product/system. PLUG will likely outperform BLDP in the near-term because it offers the Genkey Materials Handling System. Unless BLDP also develops a "total solution," it will likely lag in comparison to PLUG.

     

    Who wants to buy all the parts of a fuel cell vehicle and figure out how to make it all fit and work reliably?

     

    Who wants to buy random car parts, a hydrogen tank, an electric motor and assemble a FCEV Toyota?

     

    PLUG has a useable "complete" solution now... at least in one area - FC Materials Handling.

     

    In my opinion, that is why PLUG is a leader in FC technology. However, I do like the notion that BLDP may be seen as a collaborator in a number of different FC projects and not seen as a competitor.
    31 Jul 2014, 04:24 PM Reply Like
  • toneroner
    , contributor
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    earnings call sounded like Q3 will be positive with their lagging telecom revenue stream. With all the other positives going this company should be firing on all cylinders. On that note $BLDP's NSN connection with Softbank might translate to sprint orders at some point since Softbank owns 70% of it. Right now I think Bloom has that business which was before the change.
    30 Jul 2014, 01:59 PM Reply Like
  • User 509088
    , contributor
    Comments (1751) | Send Message
     
    i knew that part of bldp's strategy going ahead is that of pursuing license payments because of the bedrock ip ballard got from the space program and recently from utx.

     

    but i found the idea of individual cells, or company or section size fuel cells really really REALLY exciting.

     

    and deployment in aircraft, presumably instead of batteries which have been overheating in flight applications...

     

    and these are customer initiated research. it's paid for. it's not idle speculation. that's a sign of faith by customers of ballard's engineering and also of their reliability as a secure partner.
    30 Jul 2014, 03:45 PM Reply Like
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