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

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

Blue Bird Corporation (BLBD) Misses Q2 EPS by 3c, Revenues Miss

May 12, 2021 4:01 PM EDT

Blue Bird Corporation (NASDAQ: BLBD) reported Q2 EPS of $0.05, $0.03 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $164.7 million versus the consensus estimate of $171.5 million.

Net Sales of $164.7M and GAAP Net Loss of $0.6MBus Average Selling Price up 9.7%Electric Bus Sales up 50%Adjusted EBITDA of $7.5M in Second Lowest-Volume Quarter with 1,489 Buses Sold

We are very pleased with our second quarter performance and results," said Phil Horlock, President and Chief Executive Officer of Blue Bird Corporation. The Blue Bird team executed... More