Blue Bird Corporation reported lower-than-expected earnings but record revenue and a surge in electric bus sales.

Blue Bird Corporation, a leading school bus manufacturer, reported Q4 2024 earnings of $0.77 per share, missing estimates by 16%. Despite this, revenue surged by $47.25 million from the previous year, and the company saw a record $1.35 billion in annual revenue with a 19% increase. Blue Bird delivered over 700 electric buses, a 30% rise, and secured over 630 EV orders through the EPA's Clean School Bus Program. The company’s backlog exceeded 4,800 units, signaling strong demand.

November 25, 2024
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