Blue Bird Corp reports results for the quarter ended in December - Earnings Summary

Blue Bird

07/02/2024 22:02

* Blue Bird Corp  BLBD.OQ  reported quarterly adjusted
earnings of
91 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of -30 cents.  The mean expectation of four analysts for the
quarter was for earnings of 37 cents per share. Wall Street
expected results to range from 33 cents to 42 cents per share.
    * Revenue rose 34.7% to $317.60 million from a year ago;
analysts
expected $275.13 million. 
    * Blue Bird Corp's reported EPS for the quarter was 81
cents​.
    * The company reported quarterly net income of $26.15
million.
    * Blue Bird Corp shares had risen by 15.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 212.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Blue Bird
Corp is
$30.50 

This summary was machine generated from LSEG data February 7 at
10:02 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.37           0.91           Beat
 Sep. 30 2023      0.48           0.66           Beat
 Jun. 30 2023      0.25           0.44           Beat
 Mar. 31 2023      0.08           0.27           Beat