Investing.com - Ballard reported on Monday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ballard announced earnings per share of $-0.14 on revenue of $21M. Analysts polled by Investing.com anticipated EPS of $-0.1032 on revenue of $24.56M.
Ballard shares are down 37% from the beginning of the year and are trading at $7.44 , down-from-52-week-high.They are under-performing the Nasdaq which is down 22.37% from the start of the year.
Ballard shares lost 4.98% in pre-market trade the report.
Ballard follows other major Industrials sector earnings this month
Ballard's report follows an earnings beat by United Parcel Service on Tuesday, April 26, 2022, who reported EPS of $3.05 on revenue of $24.38B, compared to forecasts EPS of $2.89 on revenue of $23.82B.
Union Pacific had beat expectations on Thursday, April 21, 2022 with first quarter EPS of $2.57 on revenue of $5.86B, compared to forecast for EPS of $2.56 on revenue of $5.71B.
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