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Bombardier Third Quarter 2022 Earnings: EPS Beats Expectations, Revenues Lag

Bombardier (TSE:BBD.B) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$1.46b (flat on 3Q 2021).

  • Net income: US$19.0m (up from US$382.0m loss in 3Q 2021).

  • Profit margin: 1.3% (up from net loss in 3Q 2021).

  • EPS: US$0.20 (up from US$3.98 loss in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bombardier EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) exceeded analyst estimates.

Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Canada.

Performance of the Canadian Aerospace & Defense industry.

The company's shares are up 2.3% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Bombardier.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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