Ballard Power Systems Inc. (BLD) Expected to Earn FY2017 Earnings of ($0.04) Per Share

Ballard Power Systems Inc. (TSE:BLD) (NASDAQ:BLDP) – B. Riley lifted their FY2017 earnings per share (EPS) estimates for Ballard Power Systems in a research note issued to investors on Thursday. B. Riley analyst C. Driscoll now forecasts that the company will post earnings of ($0.04) per share for the year, up from their previous estimate of ($0.05). B. Riley has a “Buy” rating on the stock.

Ballard Power Systems (BLD) opened at C$4.24 on Monday. Ballard Power Systems has a 12 month low of C$2.51 and a 12 month high of C$7.57. The firm has a market cap of $754.99, a P/E ratio of -84.80 and a beta of 1.74.

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Ballard Power Systems Company Profile

Ballard Power Systems Inc is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a range of applications, focusing on the power product markets of heavy-duty motive (consisting of bus and tram applications), portable power, material handling and backup power, as well as the delivery of technology solutions, including engineering services, technology transfer and the license and sale of its intellectual property portfolio and fundamental knowledge for a range of fuel cell applications.

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