Blue Bird Raises Long-Term Profit Outlook Towards An Adjusted EBITDA Margin Of 15% On ~$2B In Revenues
Portfolio Pulse from Benzinga Newsdesk
Blue Bird has raised its long-term profit outlook, targeting an adjusted EBITDA margin of 15% on approximately $2 billion in revenues.
August 07, 2024 | 9:27 pm
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Blue Bird has raised its long-term profit outlook, targeting an adjusted EBITDA margin of 15% on approximately $2 billion in revenues. This positive outlook could boost investor confidence and potentially drive the stock price up in the short term.
The raised profit outlook indicates strong future performance, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100