Ballard Reports Q4 and Full Year 2016 Results & 2017 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
Ballard Power (BLDP) Tops Q4 EPS by 1c, Offers Outlook
March 1, 2017 5:17 PM ESTBallard Power (NASDAQ: BLDP) reported Q4 EPS of ($0.01), $0.01 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $30.7 million versus the consensus estimate of $26.59 million.
2017 Outlook
Ballard has committed orders of $87 million expected for delivery in 2017, along with a significant pipeline... More
