MACON, Ga. (AP) — MACON, Ga. (AP) — Blue Bird Corp. (BLBD) on Wednesday reported fiscal first-quarter earnings of $28.7 million.
The Macon, Georgia-based company said it had net income of 86 cents per share. Earnings, adjusted for stock option expense, were 92 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.
The school bus maker posted revenue of $313.9 million in the period.
Blue Bird expects full-year revenue in the range of $1.4 billion to $1.5 billion.
Blue Bird shares have dropped slightly more than 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $36.20, an increase of 17% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLBD at https://www.zacks.com/ap/BLBD
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