Blue Bird (BLBD) Beats Q1 Earnings Estimates

Core Viewpoint - Blue Bird (BLBD) reported quarterly earnings of $0.92 per share, exceeding the Zacks Consensus Estimate of $0.83 per share, and showing a slight increase from $0.91 per share a year ago, indicating a positive earnings surprise of 10.84% [1][2] Financial Performance - The company posted revenues of $313.87 million for the quarter ended December 2024, which fell short of the Zacks Consensus Estimate by 11.59% and decreased from $317.66 million year-over-year [2] - Over the last four quarters, Blue Bird has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Performance - Blue Bird shares have declined approximately 6.4% since the beginning of the year, contrasting with the S&P 500's gain of 2.7% [3] - The current Zacks Rank for Blue Bird is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $0.92 on revenues of $390 million, while the estimate for the current fiscal year is $3.88 on revenues of $1.5 billion [7] - The trend of estimate revisions for Blue Bird is mixed, which could change following the recent earnings report [6] Industry Context - The Automotive - Domestic industry, to which Blue Bird belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, indicating potential challenges ahead [8]