Blue Bird: Shares Deserve To Take A Nice Ride Higher
- Blue Bird Corporation's shares dropped 5% despite better-than-expected revenue and adjusted earnings due to revised long-term guidance and political risks from potential tariffs.
- The company reported strong Q4 results with revenue of $350.2 million and adjusted EPS of $0.77, outperforming analyst expectations.
- Management's revised long-term guidance indicates slower growth, but near-term performance improvements and lower trading multiples make the stock a 'strong buy'.
- Concerns over tariffs and a slightly reduced outlook for the North American school bus industry are valid, but current valuation and performance justify optimism.
BalkansCat
November 26th ended up being a rather painful day for shareholders of bus manufacturer Blue Bird Corporation (NASDAQ:BLBD). The company, which has been transitioning into one focused more and more on EV buses, saw its shares drop by 5%. This occurred
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