Blue Bird Q1 2024 Adj EPS $0.91 Beats $0.37 Estimate, Sales $317.66M Beat $275.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Blue Bird (NASDAQ:BLBD) reported Q1 2024 adjusted EPS of $0.91, surpassing the $0.37 estimate, with sales of $317.66M also beating the $275.13M estimate. This represents a 34.75% increase in sales compared to the same period last year.
February 07, 2024 | 9:06 pm
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POSITIVE IMPACT
Blue Bird reported a significant beat on both EPS and sales estimates for Q1 2024, with a notable year-over-year sales increase.
The substantial beat on both earnings per share and sales estimates, coupled with a significant year-over-year sales growth, is likely to be viewed positively by investors. This could lead to increased investor confidence and a potential short-term uptick in BLBD's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100