Bombardier Inc. T.BBD.A

Tim James TD securities ; this morning.

[balmusette]

Bombardier (Top Pick): We forecast 6% revenue growth to $2.82 billion (consensus: $2.88 billion) due to 8% delivery growth and 4% Service revenue growth. We assume Q4/23 deliveries of 53 aircraft, leading to full-year deliveries of 135, just shy of guidance for 138, a reflection of our view of increased supplychain-related risk and other factors. This is simply a short-term timing issue and not a reflection of demand, which remains healthy, in our view. We estimate that Adjusted EBITDA will increase 13% to $398 million (consensus: $419 million) due to delivery growth, aftermarket services, pricing, and other cost-saving initiatives, partially offset by cost inflation. Competitors have reported Q4/23 book-to-bill ratios of 0.9x-1.0x, and we anticipate similar results for Bombardier

[johnney]

Those people anticipate many things, that till now, had absolutely no influence on the S/P! The opposite goes down! A waste of time reading thise things, doing promotions, that'll all!!

[Shamhorish]

who knows if those analystes are paid probagnda to help the market makers direct share price up or down or not ! imo, always take what they say with causion

[balmusette]

Shamorish; you may be right, but for now, paid propaganda or not,  this guy has a '' Top Pick '' for BBD. 

[johnney]

He may say anything, a top pic! More than a year we' ve been hearing all kinds of stuff!

[johnney]

Well this is good to take that by caution! Since a year they have and by far been wrong! I personally don't pay any attention from what they say, or may say or think it will do!