Blue Bird Q3 adjusted EPS misses estimates on lower unit sales
BLBD•Outlook
Blue Bird raised its fiscal 2026 adjusted EBITDA guidance to about $247 million and said it expects fiscal 2026 net revenue of about $1.75 billion.
The company also raised its long-term profit outlook to adjusted EBITDA of more than $500 million on $3.3 billion of revenue by 2030+.
Analyst view
The current average analyst rating on the shares is "buy," with 7 "strong buy" or "buy" ratings, 1 "hold" and no "sell" or "strong sell."
Wall Street's median 12-month price target for Blue Bird Corporation is $83.50, about 7.3% above its August 4 closing price of $77.83.
The stock recently traded at 14 times the next 12-month earnings, versus a P/E of 13 three months ago.
Quarterly results
Blue Bird's fiscal third-quarter net sales grew 30% year over year, driven by the Micro Bird acquisition, but adjusted EPS missed analyst expectations.
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q3 Adjusted EPS | Miss | $1.28 | $1.30 (6 Analysts) |
| Q3 EPS | $5.27 | ||
| Q3 Adjusted Net Income | $45 mln | ||
| Q3 Net Income | $185.30 mln | ||
| Q3 Adjusted EBITDA | $71.40 mln |
What drove the quarter
- - The acquisition contributed $122.9 million in net sales and $17.3 million in gross profit in the quarter.
Related News
Bar Harbor Bankshares Q2 FY26 net income more than doubled to $15.2 million; net interest margin widens 38 percentage points to 3.61%
Universal swings to FY27 Q1 net loss of $5.02 million; revenue falls 12% to $523.8 million
