Blue Bird Sees FY23 Guidance For Net Revenue Of Just Over $1.1B (Unchanged From Prior View), Est. $1.11B
Portfolio Pulse from Benzinga Newsdesk
Blue Bird has maintained its FY23 net revenue guidance at just over $1.1B, in line with estimates of $1.11B. The company has also raised its FY23 guidance for Adjusted EBITDA to $70-76 million and Adjusted Free Cash Flow to $70-80 million.
August 09, 2023 | 8:24 pm
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POSITIVE IMPACT
Blue Bird's FY23 revenue guidance aligns with estimates, and the company has raised its Adjusted EBITDA and Free Cash Flow guidance. This could potentially boost investor confidence.
Blue Bird's FY23 revenue guidance is in line with estimates, which could reassure investors. Additionally, the raised guidance for Adjusted EBITDA and Free Cash Flow indicates the company's confidence in its financial performance, which could potentially attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100