Blue Bird Corp expected to post earnings of 48 cents a share - Earnings Preview

Blue Bird

08/12/2023 21:07

* Blue Bird Corp  BLBD.OQ   BLBD.O  is expected to show a
rise in
quarterly revenue when it reports  results  for the period
ending June 30 2023
    * The Macon Georgia-based  company is expected to report a
12.6% increase in revenue to $290.113 million from $257.67
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.The company's guidance on May 11
2023, for the period ended September 30, was for revenue between
$275.00 million and $300.00 million.
    * ​LSEG's mean analyst estimate for Blue Bird Corp is for
earnings
of 48 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
$26.25​, above​ its last closing price of $21.25. ​​​

The company's guidance on August 9 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD275 million and
USD32 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  
 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. 30 2022              0.04       -0.66     Missed  -1,750
 ​​Jun.        -0.04       -0.05      -0.09     Missed  -80
 30 2022                                                
 Mar. 31 2022  -0.10       -0.10      -0.31     Missed  -210​
 Dec. 31 2021  -0.28       -0.28      -0.07     Beat    75.4
 Sep. 30 2021              0.19       0.07      Missed  -62.2
 This summary was machine generated December 8 at 21:07 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)