Shares of Blue Bird Corp.
rallied 12.6% after hours on Thursday after the school-bus manufacturer raised its sales outlook, said a turnaround plan was “ahead of schedule” and reported fiscal second-quarter results that beat expectations. The company boosted its full year-sales outlook to just over $1.1 billion, compared with FactSet estimates for $1.018 billion and a forecast in February for “just over” $1 billion. For its second quarter, Blue Bird reported net income of $7.
rallied 12.6% after hours on Thursday after the school-bus manufacturer raised its sales outlook, said a turnaround plan was “ahead of schedule” and reported fiscal second-quarter results that beat expectations. The company boosted its full year-sales outlook to just over $1.1 billion, compared with FactSet estimates for $1.018 billion and a forecast in February for “just over” $1 billion. For its second quarter, Blue Bird reported net income of $7.