Top Wall Street Forecasters Revamp Blue Bird Price Expectations Ahead Of Q4 Earnings

Blue Bird Corporation BLBD will release earnings results for its fourth quarter, after the closing bell on Monday, Nov. 25.

Analysts expect the Macon, Georgia-based bank to report quarterly earnings at 65 cents per share, down from 66 cents per share in the year-ago period. Blue Bird projects to report revenue of $343.95 million for the recent quarter, compared to $302.96 million a year earlier, according to data from Benzinga Pro.

On Oct. 28, Blue Bird named Edward Hightower to its Board of Directors.

Blue Bird shares gained 2% to close at $40.08 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• BTIG analyst Gregory Lewis initiated coverage on the stock with a Buy rating and a price target of $55 on Oct. 9. This analyst has an accuracy rate of 75%.
• DA Davidson analyst Michael Shlisky maintained a Buy rating and raised the price target from $66 to $67 on Aug. 9. This analyst has an accuracy rate of 61%.
• Craig-Hallum analyst Eric Stine maintained a Buy rating and increased the price target from $54 to $65 on May 24. This analyst has an accuracy rate of 60%.

Considering buying BLBD stock? Here’s what analysts think:

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