Blue Bird Corp reports results for the quarter ended September 30 - Earnings Summary

• Blue Bird Corp BLBD.OQ reported quarterly adjusted earnings of 77 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 66 cents. The mean expectation of eight analysts for the quarter was for earnings of 66 cents per share. Wall Street expected results to range from 53 cents to 85 cents per share.

• Revenue rose 15.6% to $350.21 million from a year ago; analysts expected $330.55 million.

• Blue Bird Corp's reported EPS for the quarter was 73 cents​.

• The company reported quarterly net income of $24.66 million.

• Blue Bird Corp shares had fallen by 14.1% this quarter and gained 52.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the heavy machinery & vehicles peer group is also "buy"

Wall Street's median 12-month price target for Blue Bird Corp is $60.50

This summary was machine generated from LSEG data November 25 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)