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Blue Bird(BLBD) - 2024 Q2 - Earnings Call Transcript
2024-05-09 01:06
Blue Bird Corporation (NASDAQ:BLBD) Q2 2024 Results Conference Call May 8, 2024 4:30 PM ET Company Participants Mark Benfield - IR Phil Horlock - CEO Razvan Radulescu - CFO Conference Call Participants Eric Stine - Craig-Hallum Mike Shlisky - D.A. Davidson Chris Pierce - Needham Operator Hello and welcome to the Blue Bird Corporation Fiscal 2024 Second Quarter Earning Call. My name is Natasha, and I will be your moderator for today. [Operator Instructions] I now have the pleasure of handing you over to your ...
Blue Bird (BLBD) Beats Q2 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-08 22:11
Blue Bird (BLBD) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 106.98%. A quarter ago, it was expected that this school bus maker would post earnings of $0.36 per share when it actually produced earnings of $0.91, delivering a surprise of 152.78%.Over the last four quarters, the com ...
Blue Bird(BLBD) - 2024 Q2 - Quarterly Report
2024-05-08 20:36
(478) 822-2801 (Registrant's telephone number, including area code) Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. At May 3, 2024, 32,299,065 shares of the registrant's common stock, $0.0001 par value, were outs ...
Blue Bird(BLBD) - 2024 Q2 - Quarterly Results
2024-05-08 20:35
Highlights MACON, Ga. (May 8, 2024) – Blue Bird Corporation ("Blue Bird") (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today its fiscal 2024 second quarter results. In expanding our leadership position in alternative-powered school buses, we achieved another record quarter of deliveries of our electric-powered buses. Additionally, at quarter-end, we had nearly 500 electric school bus orders in our backlog. We saw strong growth in EV orders from the EPA's Clean School Bus P ...
Blue Bird: Now A High Profit Growth Story
Seeking Alpha· 2024-03-28 05:20
TW Farlow/iStock via Getty Images Introduction This is my second article on Blue Bird (NASDAQ:BLBD); in the first, I presented an industry overview and a discussion of the US government's EPA $5 billion clean bus program that Blue Bird, as a market leader in alternative fuel buses, stands to benefit from. I presented Blue Bird as a turnaround story showing that changes to the workforce had helped arrest falling margins and unit sales. I also noted that the market was changing as it moved away from Diese ...
Beat Wall Street: 3 Stocks Flying Under the Radar
InvestorPlace· 2024-03-05 20:39
The stock market is practically at all-time highs with AI leading the way. Many of these companies have become household names now and are up 50-100% in just the past year. The problem with many of these big companies is that they have likely already seen much of the big moves to come. This leaves investors in a position where they missed the rally and are trying to buy in at overvalued prices. But these companies aren’t the only ones worth investing in. The market is full of many companies that most people ...
Wall Street Favorites: 3 EV Stocks With Strong Buy Ratings for February 2024
InvestorPlace· 2024-02-23 16:39
Electric vehicle (EV) stocks took a hit in Q4 of 2023 as the long-term outlook for EV demand decreased. Many stocks that surged over the past three years now face price corrections as consumer values change. Despite the environmental benefits of EVs, most consumers lack access to robust charging networks that would make owning an EV practical.As such, EV companies, which seemed like the future of personal transportation, are now struggling to increase sales. A few EV stocks are still showing promise, howeve ...
After Decisive Earnings Beat, Blue Bird Still Shows Value To Be Had
Seeking Alpha· 2024-02-20 04:30
DutchSceneryA lot of times with common durable goods, we just take them for granted and don’t ask where they come from, who made them, or what the business surrounding that manufacture looks like. A prime example of this is school buses. Today we’ll be looking at a long-time school bus manufacturer, Blue Bird Corporation (NASDAQ:BLBD). A bus-maker since the 1930’s, the modern incarnation of Blue Bird is in the process of reinventing its industry, long making the old-fashioned belchers of diesel smoke an ...
Blue Bird Announces Launch of Secondary Public Offering
Businesswire· 2024-02-15 21:26
MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (“Blue Bird” or the “Company”) (Nasdaq: BLBD), a leader in electric and low-emission school buses, announced today that an affiliate of American Securities LLC (the “Selling Stockholder”) intends to offer 4,042,650 shares of Blue Bird’s common stock, par value $0.0001 per share (the “Common Stock”), pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). The offering consists entirely of secondary shares to ...
Blue Bird(BLBD) - 2024 Q1 - Earnings Call Presentation
2024-02-08 04:37
BLUE BIRD CORPORATION (NASDAQ: BLBD) Earnings Conference Call February 7, 2024 Introductions & Forward-Looking Statements Key Results and Highlights Phil Horlock CEO Outlook Phil Horlock CEO This presentation includes forward-looking statements, including statements regarding full-year guidance and seasonality, that are subject to risks that could cause actual results to be materially different. Those risks include, among others, matters we have noted in our latest earnings release and filings with the SEC. ...