Blue Bird Q4 EPS $0.58 Beats $0.48 Estimate, Sales $302.96M Beat $290.11M Estimate
Portfolio Pulse from Benzinga Newsdesk
Blue Bird Corporation (NASDAQ:BLBD) reported Q4 earnings of $0.58 per share, surpassing the consensus estimate of $0.48 by 20.83% and marking a significant turnaround from a loss of $(0.66) per share in the same quarter last year. Sales for the quarter were $302.96 million, exceeding expectations by 4.43% and representing a 17.58% increase from the previous year's figure of $257.67 million.
December 11, 2023 | 9:19 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Blue Bird Corporation reported strong Q4 earnings and sales, beating analyst estimates and showing significant year-over-year growth.
The positive earnings report from Blue Bird, which includes a substantial earnings beat and sales outperformance, is likely to instill investor confidence and could lead to a short-term uptick in the stock price. The significant improvement over the previous year's loss and the sales growth are key indicators of the company's strong performance, which is typically rewarded by the market.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100