Canada's Bombardier Q1 revenue misses estimates, EPS beats; backs FY rev outlook

Bombardier

30/04/2026 11:38

Overview

Canada business jet maker's Q1 revenue rose 5% yr/yr but missed analyst expectations

Adjusted EPS for Q1 rose sharply and beat analyst expectations

Company raised 2026 free cash flow guidance to over $1.0 bln

Outlook

Bombardier raises 2026 free cash flow guidance to greater than $1.0 bln

Company reaffirms 2026 revenue guidance at $10.0 bln and adjusted EBITDA at $1.625 bln

Bombardier expects continued strong demand, supported by a $20.3 bln backlog

Result Drivers

SERVICES GROWTH - 25% yr/yr increase in Services revenue to $617 mln drove overall revenue growth

ORDER MOMENTUM - Strong demand from fleet operators and for Global 8000 boosted book-to-bill to 3.6x and backlog to $20.3 bln

FREE CASH FLOW SWING - Free cash flow rose by $664 mln yr/yr, driven by positive cash flows from operating activities

Company press release: ID:nGNX90BLVJ

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$1.60 bln
$1.64 bln (12 Analysts)
Q1 Adjusted EPS
Beat
$1.81
$0.77 (11 Analysts)
Q1 EPS
$0.45
Q1 Free Cash Flow
$360 mln
Q1 Order Backlog
$20.30 bln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 8 "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$286.00, about 19.5% above its April 29 closing price of C$239.31

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 23 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)