Blue Bird Corp reports results for the quarter ended September 30 - Earnings Summary

Blue Bird

25/11/2024 22:01

* Blue Bird Corp  BLBD.OQ  reported quarterly adjusted
earnings of
77 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 66 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 66 cents per share. Wall Street
expected results to range from 53 cents to 85 cents per share.
    * Revenue rose 15.6% to $350.21 million from a year ago;
analysts
expected $330.55 million. 
    * Blue Bird Corp's reported EPS for the quarter was 73
cents​.
    * The company reported quarterly net income of $24.66
million.
    * Blue Bird Corp shares had fallen by 14.1% this quarter and
gained 52.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.7%
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 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the heavy
machinery &
vehicles peer group is also "buy"

Wall Street's median 12-month price target for Blue Bird Corp is
$60.50 
This summary was machine generated from LSEG data November 25 at
10:01 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
 Sep. 30 2024      0.66           0.77           Beat
 Jun. 30 2024      0.51           0.91           Beat
 Mar. 31 2024      0.49           0.89           Beat
 Dec. 31 2023      0.37           0.91           Beat