Blue Bird Corp expected to post earnings of 37 cents a share - Earnings Preview

Blue Bird

05/02/2024 22:19

* Blue Bird Corp  BLBD.OQ   BLBD.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 7 for the
period ending December 31 2023
    * The Macon Georgia-based  company is expected to report a
16.7% increase in revenue to $275.133 million from $235.73
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on December
11 2023, for the period ended December 31, was for revenue
between $275.00 million and $325.00 million.
    * ​LSEG's mean analyst estimate for Blue Bird Corp is for
earnings
of 37 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Blue Bird
Corp is
$30.50​, below​ its last closing price of $31.03. ​​​

The company's guidance on December 11 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD275 million and
USD35 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.47        0.48       0.66      Beat    36.9
 Jun. 30 2023  0.25        0.25       0.44      Beat    78.4
 Mar. 31 2023  0.08        0.08       0.27      Beat    224​
 Dec. 31 2022  -0.29       -0.32      -0.30     Beat    7.2
 ​​Sep.                    0.04       -0.66     Missed  -1,750
 30 2022                                                
 Jun. 30 2022  -0.04       -0.05      -0.09     Missed  -80​
 Mar. 31 2022  -0.10       -0.10      -0.31     Missed  -210
 Dec. 31 2021  -0.28       -0.28      -0.07     Beat    75.4
 This summary was machine generated February 5 at 22:19 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)