Blue Bird (BLBD) Reports Q1 Fiscal Earnings: $30.8M, $1.00PS vs. 80c Estimate

Blue Bird Corp. (BLBD) reported fiscal first-quarter earnings of $30.8 million, or 94 cents per share, with adjusted net income of $1.00 per share. Revenue for the period totaled $333.1 million. Results exceeded the average estimate of 80 cents per share among three analysts surveyed by Zacks Investment Research. The company expects full-year revenue of $1.5 billion. BLBD shares rose to $49.74 at Wednesday’s close, up 6% year-to-date and 38% over the last 12 months.