Previous close | 32.65 |
Open | 32.80 |
Bid | 32.61 x 0 |
Ask | 32.64 x 0 |
Day's range | 32.15 - 33.38 |
52-week range | 18.30 - 56.88 |
Volume | |
Avg. volume | 405,619 |
Market cap | 79.843B |
Beta (5Y monthly) | 2.61 |
PE ratio (TTM) | 14.53 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 10 Dec 2014 |
1y target est | N/A |
(Reuters) -Business jet maker Bombardier Inc on Thursday reported a smaller second-quarter loss and forecast better-than-expected annual free cash flow, helped by strong demand for private flying, but said it faces supply chain pressures. Montreal-based Bombardier now expects 2022 free cash flow of more than $515 million, compared with its earlier forecast of over $50 million, as orders surge. Business jet makers see strong demand for planes and aftermarket services, as private flying in the key U.S. market remains above pre-pandemic levels and Asia recovers, but supply chain constraints are putting pressure on deliveries.
It's nice to see the Bombardier Inc. ( TSE:BBD.A ) share price up 12% in a week. But don't envy holders -- looking back...
Bombardier Inc shares fell as much as 17.4% on Monday as workers on a key business jet program walked off the job for a day and amid a broader selloff in global markets. The workers are mostly on the company's strong-selling Challenger business jet family, which accounted for just over a third of the company's plane deliveries in 2021. Bombardier has said it would put a contingency plan in place to reduce the impact on operations from the strike.