The Lion Electric Company

Blue Bird Corporation is set to report its fiscal third-quarter 2024 results on August 7. The company is expected to benefit from robust demand for school buses, including electric models, driven by favorable government policies. However, high manufacturing and SG&A costs may put pressure on margins.

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Blue Bird Corporation, a school bus manufacturer, has reached a significant support level, breaking through its 50-day simple moving average, indicating a potential short-term bullish trend. The company has a vast market opportunity in the growing demand for electric school buses, and its turnaround efforts have yielded positive results, leading to raised guidance for fiscal 2024.

Related tickers: BLBD, F, FpB, FpC, FpD, TSLA, LEV, LEV.WS, LEV.WS.A.