School bus company Blue Bird (NASDAQ:BLBD) will be announcing earnings results tomorrow after market hours. Here’s what you need to know.

Blue Bird beat analysts’ revenue expectations by 5.3% last quarter, reporting revenues of $350.2 million, up 15.6% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ sales volume estimates and an impressive beat of analysts’ EBITDA estimates.

Is Blue Bird a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Blue Bird’s revenue to decline 2.5% year on year to $309.8 million, a reversal from the 34.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.81 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Blue Bird has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 9.6% on average.

Looking at Blue Bird’s peers in the heavy transportation equipment segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Cummins’s revenues decreased 1.1% year on year, beating analysts’ expectations by 4.7%, and Oshkosh reported revenues up 6.3%, topping estimates by 8.6%. Oshkosh traded up 21.6% following the results.

Read our full analysis of Cummins’s results here and Oshkosh’s results here.

Investors in the heavy transportation equipment segment have had steady hands going into earnings, with share prices flat over the last month. Blue Bird is down 16.6% during the same time and is heading into earnings with an average analyst price target of $59.64 (compared to the current share price of $35.30).

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