Blue Bird's Third Quarter Profits Higher Than Prior Year; Fourth Consecutive Quarter of Profit Growth; Strategic Actions Take Hold

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Go back to Blue Bird's Third Quarter Profits Higher Than Prior Year; Fourth Consecutive Quarter of Profit Growth; Strategic Actions Take Hold

Blue Bird Corporation (BLBD) Reports In-Line Q3 EPS, Revenues Miss; Offers FY19 Revenue Guidance Below Consensus

August 7, 2019 4:03 PM EDT

Blue Bird Corporation (NASDAQ: BLBD) reported Q3 EPS of $0.69, in-line with the analyst estimate of $0.69. Revenue for the quarter came in at $308.77 million versus the consensus estimate of $324.3 million.

GAAP net income $14.6 million GAAP Diluted EPS of $0.55 Adjusted EBITDA of $29.0 million, up $4.9 million from prior year Adjusted Diluted EPS of $0.69 FY2019 Guidance Reaffirmed

GUIDANCE:

Blue Bird Corporation sees FY2019 revenue of $0.99-1.025 billion, versus... More