Blue Bird Q3 adjusted EPS beats estimates

Blue Bird

06/08/2025 21:12

Overview

Blue Bird fiscal Q3 revenue rises 19.4% yr/yr to $398 mln

Adjusted EPS for fiscal Q3 beats analyst expectations, per LSEG data

Co announces $100 mln share buyback program

Outlook

Blue Bird raises FY2025 Adj. EBITDA guidance to $205-215 mln

Company expects FY2025 net revenue at ~$1.45 bln

Blue Bird aims for long-term Adj. EBITDA margin of 16%+ on ~$2 bln revenue

Company raises FY2025 Adj. Free Cash Flow guidance to $90-$100 mln

Result Drivers

BUS SALES - Increase driven by higher unit bookings and price increases to offset tariff costs

ELECTRIC BUS SALES - Record 271 electric buses sold, supporting leadership in alternative-powered buses

PRICE INCREASES - Implemented to mitigate impact of increased procurement costs due to tariffs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
$1.19
$0.96 (5 Analysts)
Q3 EPS
$1.12
Q3 Adjusted Net Income
$38.70 mln
Q3 Net Income
$36.50 mln
Q3 Adjusted EBITDA
$58.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"

Wall Street's median 12-month price target for Blue Bird Corp is $50.00, about 12.8% above its August 5 closing price of $43.61

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nBwbfrV2ha

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)