Blue Bird Q4 Adj EPS $0.66 Beats $0.48 Estimate, Sales $302.96M Beat $290.11M Estimate
Portfolio Pulse from Benzinga Newsdesk
Blue Bird Corporation (NASDAQ:BLBD) reported Q4 adjusted EPS of $0.66, surpassing the $0.48 estimate, marking a 200% increase from the previous year's losses. Sales reached $302.96M, exceeding the $290.11M estimate, and representing a 17.58% increase from the same period last year.
December 11, 2023 | 9:19 pm
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POSITIVE IMPACT
Blue Bird Corporation reported strong Q4 earnings, with both EPS and sales figures surpassing analyst estimates, indicating significant year-over-year growth.
The positive earnings report from Blue Bird, with a substantial beat on both EPS and sales estimates, is likely to instill investor confidence and could lead to a short-term increase in the stock price. The significant improvement compared to last year's losses and the year-over-year sales growth are key factors that investors will view favorably.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100