Earnings Preview: Blue Bird
Portfolio Pulse from Benzinga Insights
Blue Bird (NASDAQ:BLBD) is scheduled to release its quarterly earnings report on Monday, 2023-12-11. Analysts predict an EPS of $0.48. Investors will be looking for an earnings beat and positive guidance for the next quarter. Historically, Blue Bird's stock price has been sensitive to earnings performance and guidance rather than just meeting or beating EPS estimates. Last quarter, Blue Bird beat the EPS estimate by $0.19 but saw a 3.93% decline in share price the following day. Over the past year, BLBD shares have increased by 72.06%, with the stock currently trading at $21.25.
December 08, 2023 | 2:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Blue Bird is expected to report an EPS of $0.48 for the upcoming earnings, with investors focusing on earnings performance and forward guidance. The stock has risen 72.06% over the past year and is currently priced at $21.25.
The short-term impact on BLBD's stock price will likely hinge on whether the company beats the earnings estimate and provides positive guidance. Historical data shows that the stock is sensitive to earnings outcomes and guidance, but given the stock's strong performance over the past year, investor sentiment may already be priced in. Therefore, the score is neutral, with high relevance due to the direct mention of the upcoming earnings, moderate importance as earnings are a significant event for investors, and moderate confidence reflecting the unpredictable nature of market reactions to earnings reports.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100