Record Fourth Quarter Results; Exceeded or Achieved FY2018 Guidance; Announcing FY2019 Guidance with Substantial Profit Growth

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Go back to Record Fourth Quarter Results; Exceeded or Achieved FY2018 Guidance; Announcing FY2019 Guidance with Substantial Profit Growth

Blue Bird Corporation (BLBD) Misses Q4 EPS by 11cm Revenues Beat; Offers FY19 Revenue Outlook

December 6, 2018 4:02 PM EST

Blue Bird Corporation (NASDAQ: BLBD) reported Q4 EPS of $0.70, $0.11 worse than the analyst estimate of $0.81. Revenue for the quarter came in at $331.6 million versus the consensus estimate of $321.08 million.

We are pleased with our record fourth quarter and strong full year performance, as we were able to improve profitability over last year despite substantial steel cost headwinds, said Phil Horlock, President and Chief Executive Officer of Blue Bird Corporation. We achieved significant structural cost reductions through our Transformational Initiatives to improve quality, reduce... More