Blue Bird earnings beat by $0.19, revenue topped estimates
- ByInvesting.com
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Blue Bird Corporation is a designer and manufacturer of school buses. The Company is focused on designing, engineering and manufacturing electric and low-emission school buses with more than 20,000 propane, natural gas, and electric powered buses in operation. Its electric school bus is equipped with Cummins PowerDrive technology, which includes an integrated telematics control software that manages and maintains bus throughout its lifetime. The Company operates through two segments: Bus segment and Parts segment. The Bus segment includes the manufacturing and assembly of buses to be sold to a variety of customers across the United States, Canada and in international markets. The Parts segment consists primarily of the purchase of parts from third parties that is sold to dealers within the Company’s network. It offers a complete line of Type A, C and D school buses in a variety of options and configurations. It also sells directly to fleet operators in a number of foreign countries.