Blue Bird reports Q3 EPS $1.19, consensus 98c

Reports Q3 revenue $398.0M, consensus $377.6M. “I am incredibly proud of our team in delivering another outstanding result, achieving a new all-time quarterly record revenue and profit,” said John Wyskiel, President & CEO of Blue Bird (BLBD) Corporation. “The Blue Bird team continued to exceed expectations, improving operations, navigating tariffs, and expanding our leadership in alternative-powered buses. Our backlog remains strong with approximately 3,900 units at the end of the third quarter, despite industry orders slowing due to tariff-related pricing actions. Unit sales were above the same period as last year, and revenue was up by $65M, driven by product mix and pricing. We delivered an exceptional Adj. EBITDA of $58.5M for Q3 2025, a new all-time record for the Company. “In our push to expand our leadership in alternative-powered school buses, we delivered a record 271 electric-powered buses this quarter. As of the end of the quarter, we have 1,200 EV buses either sold or in our firm order backlog, which supports our EV sales target for 2025. “Based on our strong Q3 performance, we’ve raised our full-year financial guidance for Adjusted EBITDA to $210 million, with a 14.5% margin. This will be an all-time full-year record for Blue Bird, and we look forward to sustained profitable growth in the coming years.”