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Blue Bird ( (BLBD) ) has issued an update.
Blue Bird Corporation announced its fiscal 2025 first quarter results, beating the guidance with net sales of $314 million and a GAAP net income of $29 million. The company sold 2,130 buses and reported an adjusted EBITDA of $46 million, reaffirming its full-year guidance for adjusted EBITDA at $200 million with a 14% margin, which would be a record. Despite a decrease in net sales by $3.8 million from the previous year, the company maintained strong earnings power, driven by expanding leadership in alternative-powered buses and a robust order backlog of nearly 4,400 units. Blue Bird’s strategic focus on electric vehicles is supported by significant growth in EV orders, aligning with their EV sales target for 2025.
More about Blue Bird
Blue Bird Corporation, founded in 1927, is a leading technology innovator in the school bus industry, focusing on the design, engineering, and manufacturing of buses prioritizing safety, reliability, and durability. The company is a prominent player in low- and zero-emission school buses, operating more than 20,000 propane, natural gas, and electric powered buses, and is dedicated to transforming student transportation through cleaner energy solutions.
YTD Price Performance: -6.44%
Average Trading Volume: 793,409
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.16B
For detailed information about BLBD stock, go to TipRanks’ Stock Analysis page.
