Bombardier Inc. (TSE:BBD – Get Rating) – Equities researchers at Desjardins decreased their Q2 2023 earnings per share (EPS) estimates for Bombardier in a report released on Thursday, June 22nd. Desjardins analyst B. Poirier now anticipates that the company will earn $0.62 per share for the quarter, down from their previous estimate of $0.63. Desjardins also issued estimates for Bombardier’s Q3 2023 earnings at $1.12 EPS, Q4 2023 earnings at $1.62 EPS, FY2023 earnings at $4.77 EPS and FY2024 earnings at $6.27 EPS.
Separately, National Bank Financial raised shares of Bombardier from a “sector perform market weight” rating to an “outperform market weight” rating in a report on Thursday, April 27th.
Bombardier Price Performance
Bombardier (TSE:BBD – Get Rating) last issued its quarterly earnings data on Thursday, April 27th. The company reported C$1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.34) by C$1.77. The company had revenue of C$1.96 billion for the quarter, compared to analyst estimates of C$2.01 billion.
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