In the fast-paced world of investment, broker recommendations serve as guiding beacons. Their assessments not only offer insights but also carry significant weight, influencing market sentiment and investor decisions. These brokers diligently revise their earnings estimates, weighing the potential upsides and downsides of the stocks they analyze. In this article, we delve into three auto stocks - Blue Bird Corp (BLBD) , General Motors (GM) and Dorman Products (DORM) - that have gamered favor from brokers an ...

For those looking to find strong Auto-Tires-Trucks stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Blue Bird (BLBD) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question. Blue Bird is a member of our Auto-Tires-Trucks group, which includes 108 different companies and currently sits at #16 in the Zacks Sector Rank. The Zacks Se ...

Have you been paying attention to shares of Blue Bird (BLBD) ? Shares have been on the move with the stock up 54.8% over the past month. The stock hit a new 52-week high of $54.26 in the previous session. Blue Bird has gained 96.5% since the start of the year compared to the -13.3% move for the Zacks Auto-Tires-Trucks sector and the -23.9% return for the Zacks Automotive - Domestic industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed o ...

The near-term prospects of the Zacks Domestic Auto industry will be shaped by various factors. Vehicle sales are expected to grow this year, albeit at a slower rate compared to 2023 amid inflationary pressure, high borrowing costs and economic uncertainty. While increased labor expenses stemming from the recent UAW agreement will play a deterrent, the effects of it would be largely offset by declining input costs. Normalization of supply chains has boosted inventory levels but margins are under pressure due ...

The company is profiting on demand for school buses.Blue Bird (BLBD 27.68%) is making more money selling school buses than expected, and investors are taking notice. Shares of the transportation company surged 26% Thursday after a strong earnings report.Blue Bird gets an A+Blue Bird is a nearly 100-year-old maker of school buses with more than 20,000 vehicles currently on the road.The company earned $0.89 per share in its fiscal second quarter ending March 30 on revenue of $345.9 million, easily topping Wal ...

“Sell in May and Go Away” is a very popular slogan this time of year. And I would admit it applies to many investors right now. Why wouldn’t it? The stock market just had one of the best rallies we’ve seen, which is cooling down now. That is along with bad macroeconomic reports spelling trouble for the economy.GDP growth came in low at 1.6% vs 2.2% expected, and inflation came in slightly hotter. If you put all these things together, it might look like the perfect time to shift your gains away from growth a ...

财务数据和关键指标变化 - 公司第二季度创下历史最高收入346百万美元,同比增长15% [13] - 第二季度调整后EBITDA为4600万美元,同比增长25百万美元,几乎翻倍,远超公司之前给出的2500万-3500万美元的指引区间 [14] - 第二季度调整后自由现金流为5400万美元,同比增长3000万美元 [14] - 公司第二季度毛利率为18.4%,同比提高6.5个百分点 [32] - 第二季度调整后净收益为2900万美元,同比增加2100万美元 [33] - 第二季度调整后每股收益为0.89美元,同比增加0.62美元 [33] 各条业务线数据和关键指标变化 - 公司第二季度销售2,254辆校车,略低于去年同期,但销售收入增长15%至3.18亿美元,主要得益于平均售价上涨19%至14.1万美元 [30] - 第二季度零部件销售收入为2800万美元,同比增长6% [30] - 电动校车销量在第二季度创下新高,达210辆,同比增长55% [31] - 公司第二季度备受欢迎的替代动力车型(包括电动和丙烷动力)占总销量的55% [17] 各个市场数据和关键指标变化 - 公司第二季度末订单量达5,900辆,同比增长近30%,价值约8.5亿美元 [15] - 第二季度新接订单量超过当期销量60%,去年同期仅为20% [15] - 公司第二季度末电动校车订单量约500辆,占总订单量的8%,价值约1.55亿美元 [19] 公司战略和发展方向及行业竞争 - 公司将继续投资升级生产设施、实施精益制造流程,并大幅增加工程研发投入,以支持未来2-3年内推出的多个新产品项目 [40][41][42] - 公司已将长期EBITDA目标从12%以上提高到14%以上,并计划在未来几年内实现13%的EBITDA利润率 [48][49] - 公司预计2027年新排放标准的实施将进一步推动替代动力车型需求 [111] - 公司认为电动校车是其主攻方向,校车行业的使用特点非常适合电动化 [62][111] 管理层对经营环境和未来前景的评论 - 管理层表示供应链挑战虽然仍在,但正在逐步缓解,有望在今年下半年及以后进一步改善 [88][89] - 管理层对公司未来前景充满信心,认为订单强劲、联邦和州政府支持电动化、以及公司自身实现的盈利能力提升,都将为公司未来发展带来有利推动 [111][112] 问答环节重要的提问和回答 问题1 **Mike Shlisky 提问** 询问公司在第二季度能够保持相对稳定的销量表现,是否得益于更好地管理供应链挑战,或者竞争对手也面临其他问题 [85] **Razvan Radulescu 回答** 公司专注于自身的交付,尽管仍有一些供应链瓶颈,但总体上还是保持了较好的生产节奏。至于竞争对手的情况,公司无法评论 [86][87] 问题2 **Chris Pierce 提问** 询问公司大幅增加工程研发投入的原因,是否与新产品开发或现有产品迭代有关,以及对利润的影响 [95] **Phil Horlock 回答** 公司的工程投入包括推出新功能特性、满足2027年排放标准要求,以及对现有产品进行一些外观和功能上的改进。这些投入既是为了应对监管变化,也是为了给客户带来更多价值 [96][97][98][99] 问题3 **Chris Pierce 提问** 询问公司第二半年收入和利润指引偏谨慎的原因,是否与行业通常第二半年销量较旺有关 [105] **Razvan Radulescu 回答** 在疫情前,公司第二半年确实占全年约三分之二的销量。但近年由于供应链制约,公司的生产节奏已经相对平稳,不再存在明显的季节性。第二半年指引偏谨慎,主要是考虑到一些预期的成本压力因素 [106][107]

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 ...

(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 ...

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 ...