Blue Bird (BLBD) Issues Earnings Results, Misses Expectations By $0.01 EPS
Blue Bird (NASDAQ:BLBD) released its quarterly earnings data on Wednesday. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01), Bloomberg Earnings reports. Blue Bird had a negative return on equity of 19.49% and a net margin of 2.60%.
Shares of Blue Bird (NASDAQ BLBD) traded down $0.55 during midday trading on Wednesday, hitting $18.75. 43,682 shares of the company’s stock traded hands, compared to its average volume of 65,709. Blue Bird has a 12 month low of $15.35 and a 12 month high of $21.90. The stock has a market capitalization of $472.56, a P/E ratio of 26.71, a PEG ratio of 0.83 and a beta of 1.67. The company has a quick ratio of 0.51, a current ratio of 1.17 and a debt-to-equity ratio of -1.32.
In other Blue Bird news, Director Coliseum Capital Management, L sold 742,566 shares of the company’s stock in a transaction dated Saturday, September 23rd. The shares were sold at an average price of $18.65, for a total value of $13,848,855.90. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 16.70% of the stock is owned by corporate insiders.
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Blue Bird Company Profile
Blue Bird Corporation designs, engineers, manufactures, and sells school buses and aftermarket parts in the United States, Canada, and internationally. It offers Type C, Type D, and specialty buses, as well as Sigma, a bus for public transportation. The company sells its products through a network of dealers, as well as directly to fleet operators, the United States government, and state governments.
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