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November 26, 2024

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 companyโ€™s 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 companyโ€™s capacity to cover short-term liabilities.

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