Bombardier (BDRBF) Expected to Announce Quarterly Earnings on Thursday

Bombardier (OTCMKTS:BDRBF) is expected to announce its results before the market opens on Thursday, February 12th. Analysts expect the company to announce earnings of $3.38 per share and revenue of $3.4847 billion for the quarter.

Bombardier Price Performance

Shares of BDRBF opened at $177.84 on Thursday. The firm has a fifty day moving average of $173.81 and a 200-day moving average of $145.93. Bombardier has a 1 year low of $50.77 and a 1 year high of $200.00.

Wall Street Analyst Weigh In

BDRBF has been the subject of a number of analyst reports. Scotiabank lowered shares of Bombardier from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 21st. The Goldman Sachs Group cut Bombardier from a “neutral” rating to a “sell” rating in a report on Monday, January 26th. BMO Capital Markets reissued an “outperform” rating on shares of Bombardier in a report on Wednesday, January 21st. National Bankshares restated an “outperform” rating and issued a $263.00 target price on shares of Bombardier in a research report on Tuesday, December 2nd. Finally, Zacks Research upgraded Bombardier to a “hold” rating in a research report on Tuesday, December 16th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Bombardier has an average rating of “Hold” and an average price target of $263.00.

Bombardier Company Profile

Bombardier Inc is a Canadian multinational manufacturer specializing in business aircraft. Founded in 1942 by Joseph-Armand Bombardier and headquartered in Montréal, Québec, the company has evolved from its origins in snow vehicles to a focused aviation enterprise. Today, Bombardier designs, manufactures and markets a range of business jets under the Learjet, Challenger and Global series, serving corporate, government and private customers worldwide.

The company’s product portfolio includes light, mid-size and large-cabin jets, complemented by completion, refurbishment and aftermarket support services.