Stock Track | Blue Bird Soars 20.33% After-Hours on Strong Q2 Earnings Beat and Raised Guidance

Stock Track05-07

Blue Bird Corporation's stock surged 20.33% in after-hours trading following the release of its fiscal 2026 second-quarter financial results, which significantly exceeded analyst expectations and were accompanied by raised guidance.

The U.S. school bus maker reported quarterly adjusted earnings per share of $1.00, surpassing the consensus estimate of $0.88. Revenue for the quarter came in at $352.6 million, beating expectations of $335.2 million despite a slight 1.7% year-over-year decline. The company also posted net income of $29.3 million and adjusted EBITDA of $50.8 million.

Investors reacted positively as Blue Bird raised its full-year 2026 net revenue guidance to approximately $1.75 billion and adjusted EBITDA forecast to about $245 million. Furthermore, the company lifted its long-term outlook, targeting adjusted EBITDA of over $375 million on revenue exceeding $2.5 billion, signaling confidence in future growth prospects.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment