Bombardier Inc. (TSE:BBD) – Equities researchers at National Bank Financial boosted their FY2020 earnings estimates for Bombardier in a report released on Tuesday, October 16th. National Bank Financial analyst C. Doerksen now expects that the company will earn $0.31 per share for the year, up from their prior forecast of $0.30.
Separately, AltaCorp Capital upgraded shares of Bombardier from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, July 4th.
Bombardier stock opened at C$9.97 on Thursday. Bombardier has a 1-year low of C$7.83 and a 1-year high of C$13.18.
Bombardier (TSE:BBD) last released its quarterly earnings data on Thursday, August 2nd. The company reported C$0.04 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.01 by C$0.03. The business had revenue of C$5.50 billion during the quarter, compared to analysts’ expectations of C$5.54 billion.
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