Overview

• Blue Bird fiscal Q4 adj. EPS beats analyst expectations

• Fiscal 2025 net sales reach $1.48 bln, driven by higher bus unit bookings and pricing

• Company reaffirms FY2026 guidance with expected revenue of $1.5 bln and adj. EBITDA of $220 mln

Outlook

• Blue Bird reaffirms FY2026 revenue guidance at $1.5 bln

• Company maintains FY2026 Adj. EBITDA guidance of $220 mln

• Blue Bird targets $2 bln revenue and 16%+ Adj. EBITDA margin long-term

Result Drivers

• BUS SALES GROWTH - Increase in bus unit bookings and higher average sales prices drove revenue growth

• ELECTRIC BUS EXPANSION - Record sales of 901 electric buses, supporting leadership in alternative-powered buses

• TARIFF MITIGATION - Price increases implemented to offset increased procurement costs due to tariffs

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"

• Wall Street's median 12-month price target for Blue Bird Corp is $66.00, about 18.5% above its November 21 closing price of $53.82

• The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBwblhQwa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)