Blue Bird Corporation to Announce Q1 Earnings on February 4th

Written by Emily J. Thompson, Senior Investment Analyst

Source: seekingalpha

Updated: 5d ago

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BLBD+6.61%

Should l Buy BLBD?

Source: seekingalpha

Earnings Announcement: Blue Bird Corporation (BLBD) is set to announce its Q1 2023 earnings on February 4th after market close, with consensus EPS estimate at $0.80, reflecting a 13% year-over-year decline, while revenue is projected at $325.74 million, indicating a 3.7% year-over-year increase.
Historical Performance: Over the past two years, Blue Bird has consistently beaten EPS and revenue estimates 100% of the time, showcasing its strong profitability and adaptability in the market.
Estimate Revision Trends: In the last three months, EPS estimates have seen one upward revision and two downward adjustments, while revenue estimates experienced two upward and two downward revisions, indicating mixed market sentiment regarding the company's future performance.
Long-Term Growth Outlook: Blue Bird maintains guidance for $1.5 billion in revenue and a 14.7% EBITDA margin by 2026, while signaling robust expansion in electric vehicles and chassis, underscoring its leadership position in the alternative power sector.

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$59.21+Infinity%1D

Analyst Views on BLBD

Wall Street analysts forecast BLBD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLBD is 59.20 USD with a low forecast of 49.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

7 Analyst Rating

6 Buy

1 Hold

0 Sell

Strong Buy

Current: 55.540

Low

49.00

Averages

59.20

High

70.00

Current: 55.540

Low

49.00

Averages

59.20

High

70.00

Needham

Buy

maintain

$70 -> $78

2026-02-05

New

Reason

Needham

Price Target

$70 -> $78

AI Analysis

2026-02-05

New

maintain

Buy

Reason

Needham raised the firm's price target on Blue Bird to $78 from $70 and keeps a Buy rating on the shares. The company printed inline revenues and a bottom line beat while raising full year EBITDA guidance, the analyst tells investors in a research note. The firm adds it is positive on Blue Bird's improved margin profile and strategic scarcity post recent M&A in the North American specialty vehicle market.

BofA

Buy

maintain

$62 -> $65

2026-02-05

New

Reason

BofA

Price Target

$62 -> $65

2026-02-05

New

maintain

Buy

Reason

BofA raised the firm's price target on Blue Bird to $65 from $62 and keeps a Buy rating on the shares after what the firm calls out as "another consecutive set of strong results."

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About BLBD

Blue Bird Corporation is an independent designer and manufacturer of school buses. The Company is engaged in designing, engineering, and manufacturing low- and zero-emission school buses with more than 20,000 propane, natural gas, and electric-powered buses. The Bus segment includes the manufacture and assembly of buses to be sold to a variety of customers across the United States, Canada, and in certain limited international markets. The Parts segment consists primarily of the purchase of parts from third parties to be sold to dealers within its network and certain large fleet customers. It designs, engineers, manufactures, and sells three types of buses: Type C school buses, Type D school buses, and specialty buses. Each of its Type C and Type D buses is manufactured and assembled on its own dedicated purpose-built chassis in Fort Valley, Georgia. Its network of dealers and authorized repair centers operate over 200 locations to support the fleet across the United States and Canada.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Blue Bird Corporation Exceeds Q1 2026 Earnings Expectations

4 days agoseekingalpha

Strong Performance: Blue Bird reported $333 million in revenue for Q1, a 6% year-over-year increase, with adjusted EBITDA reaching $50 million and a record gross margin of 21.4%, showcasing the company's success in pricing and efficiency improvements.
Surge in Orders: The company experienced a 45% year-over-year increase in order intake for Q1, bringing the backlog to 3,400 units, reflecting robust market demand for its products, particularly in the alternative power and electric vehicle segments.
Optimistic Outlook: Blue Bird maintains its revenue guidance for fiscal 2026 at $1.45 billion to $1.55 billion and raised its adjusted EBITDA guidance to $225 million, indicating management's confidence in future performance.
Share Buyback Program: The company repurchased $15 million in shares during the quarter and initiated a new $100 million buyback program, aimed at enhancing shareholder value and optimizing its capital structure.

Blue Bird Corp. Exceeds Q1 Earnings Expectations

4 days agoseekingalpha

Earnings Beat: Blue Bird Corp. (BLBD) reported adjusted earnings of $1.00 per share for Q1, surpassing analysts' expectations of $0.80, indicating strong profitability performance.
Revenue Growth: The company achieved a 6.1% year-over-year revenue increase to $333.1 million, exceeding the consensus estimate of $325.7 million, reflecting successful pricing strategies and product mix.
Electric Bus Sales: In the quarter, Blue Bird sold 2,135 buses, including 121 electric-powered units, demonstrating the company's ongoing growth potential in the low-emission and electric bus market.
Optimistic Outlook: Following a strong start, Blue Bird raised its fiscal 2026 adjusted EBITDA guidance to $225 million, reaffirming expectations for net revenue of approximately $1.5 billion, showcasing confidence in future growth.

Blue Bird (BLBD) Q1 2026 Earnings Call Transcript

4 days agoNASDAQ.COM

Blue Bird Corporation Reaffirms Positive 2026 Financial Outlook

4 days agoseekingalpha

Earnings Beat: Blue Bird Corporation reported a Q1 non-GAAP EPS of $1.00, exceeding expectations by $0.20, which reflects the company's strong profitability and boosts investor confidence.
Revenue Growth: The company achieved Q1 revenue of $333.1 million, a 6.1% year-over-year increase, surpassing market expectations by $7.36 million, indicating sustained demand and leadership in the alternative power sector.
2026 Guidance Reaffirmed: Blue Bird reaffirmed its 2026 net revenue target at approximately $1.5 billion, slightly below the consensus of $1.52 billion, while raising its adjusted EBITDA guidance to $225 million, showcasing confidence in future profitability.
Long-Term Growth Outlook: The company anticipates achieving an adjusted EBITDA margin of over 16% on a revenue target of $2 billion, indicating that Blue Bird's strategic focus on electric vehicle and chassis expansion will drive long-term growth.