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Rjkumari Saxena

Is Blue Bird the Best Play in Electric School Buses?

BLBD Blue Bird United States Auto Vehicle Manufacturers Blue Bird Corporation DOE US Department of Energy

Blue Bird Corporation (BLBD), a leader in electric and low-emission school buses, surpassed the third-quarter top and bottom-line analyst expectations. The company posted a net sales of $333.37 million, surpassing the consensus estimate of $326.69 million. Also, its non-GAAP EPS was $0.91 for the third quarter, compared to analysts’ expectations of $0.51.

During August, Blue Bird delivered its 2,000th electric, zero-emission school bus, marking an industry-leading milestone and reinstating its leadership in the segment. The company delivered its new, extended-range battery, CCSD's milestone zero-emission vehicle that can carry 84 students to Clark County School District in Nevada.

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