Blue Bird (NASDAQ:BLBD) will report earnings after the bell. Last quarter, the company beat revenue expectations by 5.5%, with revenues of $398 million, up 19.4% year on year. Analysts expect this quarter’s revenue to grow 8.5% to $380 million, with adjusted earnings of $1.02 per share. Blue Bird has a history of exceeding Wall Street’s expectations, beating revenue estimates every time over the past two years by 4.8% on average. Peers in the heavy transportation equipment segment have shown mixed results, with some beating expectations and others falling short. The industry as a whole has underperformed, with share prices down 7.3% on average over the last month. Blue Bird is down 4.7% during the same period.
For more details, you can read the full analysis here: https://stockstory.org/us/stocks/nasdaq/blbd?utm_source=pre-earnings&utm_medium=end&utm_campaign=end.
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