what I am watching 23-Q3It’s great to see Bombardier making so much progress. Reducing debt. Increasing earnings. Watching Analysts regularly revise upwards their target prices. I see great profit potential for the stock. I believe we will make some nice money here if we hang on. Things have to settle down in the general economy, which it will. But to date the company is doing what it needs to do.
We have one week to go before 23-Q3 earnings report and this is what I am watching for:
On the positive side the big ones like Revenue, earnings per share, EBITDA. Expecting good things.
On the negative side there are two items that would make me nervous. CASH and FCF. I don’t like CASH at $883. I would prefer north of $1B. The other thing that would be a concern for me is negative FCF. If that is the case, we are in for more volatility.
This is a very testy stock to own, but I am confident we will do well.
One thing I am happy to see: no cancelations.
GLTA