Bombardier (BDRBF) to Release Quarterly Earnings on Thursday

Bombardier (OTCMKTS:BDRBF) is projected to announce its results before the market opens on Thursday, November 6th. Analysts expect the company to announce earnings of $1.39 per share and revenue of $2.2419 billion for the quarter.

Bombardier Stock Performance

Shares of BDRBF opened at $137.53 on Wednesday. Bombardier has a 12 month low of $45.63 and a 12 month high of $146.21. The firm has a fifty day simple moving average of $131.13 and a 200 day simple moving average of $105.10.

Analyst Upgrades and Downgrades

BDRBF has been the subject of several analyst reports. The Goldman Sachs Group cut Bombardier to a “neutral” rating in a report on Tuesday, October 7th. Barclays restated an “underweight” rating on shares of Bombardier in a research note on Monday, August 4th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Bombardier in a research note on Wednesday, October 15th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

About Bombardier

Bombardier Inc engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, service centers, smart services, training, and technical publications.