Bombardier (TSE:BBD.A) Posts Quarterly Earnings Results

Bombardier (TSE:BBD.A) released its earnings results on Thursday. The company reported C$2.45 EPS for the quarter, FiscalAI reports. The business had revenue of C$3.38 billion for the quarter.

Here are the key takeaways from Bombardier’s conference call:

• Bombardier reported Q3 revenue of $2.4 billion, up 3%, with adjusted EBITDA up 7% to $382 million and margin improving 70 basis points to 16.1%. Services revenue reached a record $701 million, up 19%, while backlog grew to $22.2 billion on a 1.7x quarterly book-to-bill ratio.
• The company raised its 2026 free cash flow outlook for a second time, to more than $1.3 billion, after generating $771 million in the first nine months. Bombardier ended the quarter with about $2.4 billion in available liquidity and net leverage of 1.5x, its stated long-term target.
• Supply-chain constraints remain an ongoing headwind, with management estimating they are currently affecting costs by about 150 basis points; meaningful recovery may take several years. Executives said supplier capacity could also slow the pace of future production increases, though they remain confident in the planned Q4 deliveries.
• Management pointed to broad demand, a growing defense pipeline and potential to increase aircraft production, while noting that any rate decisions depend on supply-chain capacity. The company is investing in U.S. facilities and services, a new Montreal facility, and greater control of wing production through its planned MHI Canada Aerospace acquisition.

Bombardier Stock Down 9.8%

Bombardier stock traded down C$34.04 during trading on Thursday, hitting C$312.92. The stock had a trading volume of 7,134 shares, compared to its average volume of 7,364. Bombardier has a 1 year low of C$190.00 and a 1 year high of C$377.94. The stock’s 50 day moving average is C$315.19 and its two-hundred day moving average is C$296.20. The stock has a market cap of C$58.21 billion, a price-to-earnings ratio of 34.81, a price-to-earnings-growth ratio of 6.24 and a beta of 1.43.

Wall Street Analyst Weigh In

Separately, Scotiabank increased their price target on shares of Bombardier from C$330.00 to C$380.00 in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$355.00.

About Bombardier

At Bombardier (BBD-B.TO), we design, build, modify and maintain the world’s best-performing aircraft for the world’s most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs. For them, we are committed to pioneering the future of aviation – innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect.