Blue Bird Reports Fiscal 2021 First Quarter Results; Focused on Margin Expansion, EV Growth and Industry Recovery; Fiscal 2021 Guidance Reaffirmed

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Go back to Blue Bird Reports Fiscal 2021 First Quarter Results; Focused on Margin Expansion, EV Growth and Industry Recovery; Fiscal 2021 Guidance Reaffirmed

Blue Bird Corporation (BLBD) Misses Q1 EPS by 6c

February 10, 2021 4:02 PM EST

Blue Bird Corporation (NASDAQ: BLBD) reported Q1 EPS of ($0.06), $0.06 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $130.4 million versus the consensus estimate of $133.2 million.

Fiscal 2021 First Quarter Results

Net SalesNet sales were $130.4 million for the first quarter of fiscal 2021, a decrease of $22.8 million, or 14.9%, from prior year period. Bus unit sales were 1,255 units for the quarter compared with 1,460 units for the same period last year.Gross ProfitFirst quarter gross profit of $14.5 million represented a decrease of $6.8 million from the first quarter... More