Bombardier Inc reports results for the quarter ended December 31 - Earnings Summary

• Bombardier Inc BBDb.TO reported quarterly adjusted earnings of $3.01​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.37. The mean expectation of fifteen analysts for the quarter was for earnings of $2.04 per share. Wall Street expected results to range from $1.35 to $2.53 per share.

• Revenue rose 1.5% to $3.11 billion from a year ago; analysts expected $3.18 billion.

• Bombardier Inc's reported EPS for the quarter was $1.16​.

• The company reported quarterly net income of $124 million.

• Bombardier Inc shares had fallen by 13.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.4% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the aerospace & defense peer group is also "buy"

Wall Street's median 12-month price target for Bombardier Inc is C$126.00

This summary was machine generated from LSEG data February 6 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)