Blue Bird Corporation Surpasses Earnings Expectations with Strong Performance
Blue Bird Corporation’s Earnings Report Summary
- Blue Bird Corporation reported an EPS of $0.731, outperforming the estimate of $0.65.
- The company generated revenue of approximately $350.2 million, exceeding the projection of $346.6 million.
- Key financial ratios show a P/E ratio of 13.13 and a price-to-sales ratio of 1.03, highlighting market valuation of the companyโs earnings and sales.
Blue Bird Corporation is a recognized manufacturer of school buses committed to electric and low-emission models. They operate within the automotive industry, setting themselves apart by focusing on cleaner transportation.
On November 25, 2024, the company announced earnings per share of $0.731, surpassing expectations. The performance illustrates the company’s ability to excel, achieving this milestone in three of the last four quarters. Although there was a slight miss in the estimate of $0.78, the EPS showed an improvement from $0.66 in the previous year.
Generating approximately $350.2 million in revenue, Blue Bird exceeded the estimates and demonstrated consistent revenue growth compared to last year’s figure of $302.96 million. This marks a 4.54% increase over expectations, emphasizing the company’s strong performance.
The company continues to show financial strength with a price-to-earnings (P/E) ratio of 13.13 and a price-to-sales ratio of 1.03, indicating favorable market perceptions of its earnings and sales. Additionally, a debt-to-equity ratio of 0.60 illustrates moderate debt levels, while the current ratio of 1.37 demonstrates the companyโs capacity to cover short-term liabilities.