Bombardier beats Q2 adjusted EPS estimates, remains on track to meet FY guidance

Bombardier

30/07/2026 11:41

Overview
Canada business jet maker's Q2 revenue grew 6% yr/yr to $2.15 bln, driven by record services
Adjusted EPS for Q2 rose to $2.50, beating analyst expectations
Backlog rose $4.3 bln from year-end 2025, driven by strong Global 8000 demand

Outlook
Bombardier says it remains on track to meet raised 2026 guidance across all key metrics
Company expects continued strong demand for Global 8000 aircraft and Defense business
Bombardier plans to expand Singapore Service Centre, nearly doubling capacity by second half 2028

Result Drivers
SERVICES GROWTH - Record revenue from Services business, up 14% yr/yr, was a main contributor to overall revenue growth
GLOBAL 8000 DEMAND - Strong demand for Global 8000 aircraft drove a unit book-to-bill of 1.5x and boosted backlog
FREE CASH FLOW IMPROVEMENT - Significant increase in free cash flow was attributed to higher cash flows from operating activities

Company press release: ID:nGNX4Lj15s

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$2.50
$1.41 (10 Analysts)
Q2 EPS
 
$1.84
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for Bombardier Inc is C$349.50, about 2.5% below its July 29 closing price of C$358.31
The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 21 three months ago

Reuters Recommended Reads
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July 28 - Textron tops results estimates, aviation productivity concerns weigh

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(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.)