Blue Bird beats Q1 earnings but misses sales expectations, expects 2025 revenues of $1.4-$1.5 billion

From Nasdaq: 2025-02-06 08:15:00

Blue Bird Corporation (BLBD) reported earnings of 92 cents per share for the first quarter of fiscal 2025, beating estimates. Net sales were $313.8 million, missing expectations. The company sold 2,130 buses and had $136.1 million in cash as of Dec. 28, 2024. BLBD expects 2025 revenues of $1.4-$1.5 billion.

General Motors (GM) reported Q4 2024 earnings of $1.92 per share, exceeding estimates. Revenues were $47.71 billion. PACCAR (PCAR) earnings were $1.68 per share, beating estimates. Tesla (TSLA) reported Q4 2024 earnings of 73 cents per share, missing estimates. Revenues were $25.71 billion.

PCAR expects capex and R&D expenses for 2025 in the range of $700-$800 million and $460-$500 million, respectively. TSLA plans to start production of affordable vehicles and Cybercab in 2026. Energy storage deployments are expected to grow at least 50% this year. GM expects adjusted EBIT in the range of $13.7-$15.7 billion in 2025.

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Read more at Nasdaq: Blue Bird Q1 Earnings Beat, Sales Falls Short of Expectations