Earnings Outlook For Blue Bird
Portfolio Pulse from Benzinga Insights
Blue Bird (NASDAQ:BLBD) is scheduled to release its quarterly earnings report on February 7, 2024, with analysts expecting an EPS of $0.37. The company's past earnings performance shows a pattern of beating EPS estimates, leading to significant share price movements. Shares of Blue Bird have seen a 121.45% increase over the last 52 weeks, indicating a positive outlook among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.
February 06, 2024 | 5:01 pm
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Blue Bird is expected to report an EPS of $0.37 for the quarter. Historical data shows its ability to beat EPS estimates, positively impacting its stock price. With a 121.45% increase in share price over the last year, the upcoming earnings report and guidance will be crucial for investors.
Given Blue Bird's history of beating EPS estimates and the subsequent positive reactions in its stock price, there is a strong likelihood of a positive short-term impact on BLBD's stock price if the company beats the EPS estimate again and provides optimistic future guidance. The 121.45% year-over-year increase in share price further supports a bullish outlook among investors, which could be bolstered by a strong earnings report.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100