Ballard Power (BLDP) Tops Q4 EPS by 1c, Offers Outlook
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FBR Capital Reiterates Outperform on Ballard Power (BLDP) Following 4Q
March 3, 2017 7:21 AM ESTFBR Capital reiterated an Outperform rating and $3.00 price target on Ballard Power Systems (NASDAQ: BLDP) following the company's 4Q earnings report. Ballard delivered revenue of $30.7M, with HD motive sales growing 170% YOY, driven largely by China. EPS of ($0.01) and adjusted EBITDA of $1.8M were both ahead of expectations.... More
