Ballard Power (BLDP) Tops Q4 EPS by 2c, Comments on Outlook

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Go back to Ballard Power (BLDP) Tops Q4 EPS by 2c, Comments on Outlook

Roth Capital Trims Ests on Ballard Power (BLDP) Following Q4 Report; Notes Strong Pipeline, Order Book

February 26, 2016 11:04 AM EST

Roth Capital affirms Ballard Power Systems (Nasdaq: BLDP) with a Buy rating and $2 price target following Q4 results reported on Thursday.

Analyst Craig Irwin noted that Ballard's pipeline and order book were at record levels, but revenue production missed expectations. The analyst offered the following notes from Ballard's report:

The order book of $58m was more than double 4Q14... More