The earnings call highlighted Blue Bird's record-breaking revenue and growth, strong EV sales, and increased guidance for the fiscal year, indicating a positive outlook. However, challenges related to tariff-induced pricing uncertainties and order backlog reductions were noted. Despite these challenges, the company's strategic initiatives and operational improvements convey a strong, positive sentiment.

Company Guidance -

Q4 2025

In the Blue Bird Fiscal 2025 Third Quarter Earnings Call, the company reported record sales and adjusted EBITDA, surpassing Q3 guidance and raising full-year projections despite challenges from tariff policies. The quarter saw sales of 2,467 buses, generating $398 million in revenue, with adjusted EBITDA reaching $58 million, a $10 million increase from the prior year. The EV segment contributed 271 units, with long-term outlooks remaining optimistic. The company maintained a backlog of 3,900 units, described as "in the sweet spot," and highlighted operational execution and future manufacturing strategies, including production automation. Blue Bird increased its full-year adjusted EBITDA guidance to $210 million, reflecting strong business momentum and strategic cost management, while announcing a new $100 million share repurchase program.

Record-Breaking Revenue and Growth

Blue Bird reported record sales of $398 million in the third quarter of fiscal 2025, which is $65 million or 20% higher than the prior year. Adjusted EBITDA for the quarter also reached a record $58 million, $10 million stronger than last year.

Strong EV Performance

EV sales in Q3 were a record 271 units, which is 67 units or 33% higher than last year. The company remains optimistic about the long-term outlook for EVs despite some tariff-related uncertainties.

Increased Guidance for Fiscal Year

Blue Bird increased its full-year guidance to $210 million adjusted EBITDA, with an expected revenue of approximately $1.45 billion.

Successful Operational Improvements

Operational improvements and lean manufacturing principles contributed to a gross margin increase of 80 basis points, achieving 21.6%.

New Share Repurchase Program

A new stock buyback program for up to $100 million over the next 2 years was announced, reflecting confidence in future performance.

Blue Bird (BLBD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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BLBD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 10, 2025	2025 (Q4)	1.05 / -	0.77	―	―	―
Aug 06, 2025	2025 (Q3)	0.99 / 1.19	0.91	30.77% (+0.28)
May 07, 2025	2025 (Q2)	0.95 / 0.96	0.89	7.87% (+0.07)
Feb 05, 2025	2025 (Q1)	0.79 / 0.92	0.91	1.10% (+0.01)
Nov 25, 2024	2024 (Q4)	0.65 / 0.77	0.66	16.67% (+0.11)
Aug 07, 2024	2024 (Q3)	0.53 / 0.91	0.44	106.82% (+0.47)
May 08, 2024	2024 (Q2)	0.47 / 0.89	0.27	229.63% (+0.62)
Feb 07, 2024	2024 (Q1)	0.33 / 0.91	-0.3	403.33% (+1.21)
Dec 11, 2023	2023 (Q4)	0.48 / 0.66	-0.66	200.00% (+1.32)
Aug 09, 2023	2023 (Q3)	0.25 / 0.44	-0.09	588.89% (+0.53)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BLBD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$44.14	$52.31	+18.51%
May 07, 2025	$37.74	$37.22	-1.38%
Feb 05, 2025	$35.73	$37.23	+4.20%
Nov 25, 2024	$42.83	$40.69	-5.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.