Ballard Power (BLDP) Tops Q4 EPS by 1c, Offers Outlook

Go back to Ballard Power (BLDP) Tops Q4 EPS by 1c, Offers Outlook

FBR Capital Reiterates Outperform on Ballard Power (BLDP) Following 4Q

March 3, 2017 7:21 AM EST

FBR 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