Investing.com - Ballard reported on Friday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Ballard announced earnings per share of $-0.07 on revenue of $25M. Analysts polled by Investing.com anticipated EPS of $-0.0485 on revenue of $21.29M.
Ballard shares are down 34% from the beginning of the year, still down 63.95% from its 52 week high of $42.25 set on February 9. They are under-performing the Nasdaq which is up 15.57% from the start of the year.
Ballard follows other major Industrials sector earnings this month
Ballard's report follows an earnings beat by United Parcel Service on July 27, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.81 on revenue of $23.19B.
Honeywell had beat expectations on July 23 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar