Bombardier (BDRBF) to Post Earnings on Thursday

Bombardier (OTCMKTS:BDRBF) is projected to announce its results before the market opens on Thursday, July 30th. Analysts expect the company to announce earnings of $1.35 per share and revenue of $2.1291 billion for the quarter.

Bombardier (OTCMKTS:BDRBF) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.91. Bombardier had a negative return on equity of 56.13% and a net margin of 9.73%.The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.64 billion. On average, analysts expect Bombardier to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Bombardier Stock Performance

BDRBF opened at $264.92 on Tuesday. The business’s 50-day simple moving average is $227.94 and its 200-day simple moving average is $201.08. Bombardier has a one year low of $103.87 and a one year high of $267.53. The stock has a market capitalization of $26.13 billion and a P/E ratio of 40.08.

Analysts Set New Price Targets

BDRBF has been the subject of a number of research analyst reports. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Bombardier in a research note on Friday, May 1st. National Bank Financial reiterated a “sector perform” rating on shares of Bombardier in a research note on Tuesday, July 7th. BMO Capital Markets reiterated an “outperform” rating on shares of Bombardier in a research note on Friday, May 29th. TD Securities reissued a “hold” rating on shares of Bombardier in a report on Friday, May 1st. Finally, Scotiabank restated an “outperform” rating on shares of Bombardier in a research report on Thursday, July 16th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $263.00.

Bombardier Company Profile

Bombardier Inc is a Canadian multinational manufacturer specializing in business aircraft. Founded in 1942 by Joseph-Armand Bombardier and headquartered in Montréal, Québec, the company has evolved from its origins in snow vehicles to a focused aviation enterprise. Today, Bombardier designs, manufactures and markets a range of business jets under the Learjet, Challenger and Global series, serving corporate, government and private customers worldwide.

The company’s product portfolio includes light, mid-size and large-cabin jets, complemented by completion, refurbishment and aftermarket support services.