Blue Bird Stock suffered a 30% decline, likely due to panic selling and profit-taking after hitting highs in June 2024. Blue Bird's recent earnings release corroborates its bullish thesis, as it upgraded its guidance. BLBD is still cheap, even though it boasts a solid growth profile.
Blue Bird Corporation (NASDAQ:BLBD ) Q3 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Mark Benfield - IR Phil Horlock - CEO Razvan Radulescu - CFO Conference Call Participants Mike Shlisky - D. A. Davidson.
Blue Bird (BLBD) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.44 per share a year ago.
Industrial stocks are vital to daily operations. Many investors are drawn to these companies due to their inherent need, whether it's a period of strong economic growth or an overall downturn.
Blue Bird Corporation BLBD is slated to release fiscal third-quarter 2024 results on Aug 7, after market close. The Zacks Consensus Estimate for the to-be-reported quarter's earnings is 50 cents a share on revenues of $330 million.
In the latest trading session, Blue Bird (BLBD) closed at $52.12, marking a +1.46% move from the previous day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Blue Bird (BLBD) concluded the recent trading session at $49.79, signifying a +0.4% move from its prior day's close.
Blue Bird's (BLBD) winning combination of favorable earnings estimate revisions and the achievement of a key technical level warrants attention from investors looking for more gains in the near future.
Blue Bird (BLBD) closed at $49.58 in the latest trading session, marking a -1.76% move from the prior day.
The Biden administration has announced $1.7 billion in grants that aim to help convert closed or at-risk automobile facilities into plants that make electric vehicles or EV parts, with the effort due to aid 11 factories across eight states.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.