Post by
Snowey on Oct 24, 2023 4:43pm
what I am watching 23-Q3
It’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
Comment by
PabloLafortune on Oct 25, 2023 11:06am
Cautiously optimistic. Btw, General Dynamics (Gulfstream) just released their Q3 results, aerospace book to bill was 1.44 ($2.9B new orders, $2B revenue). 27 deliveries (72 YTD), quite a bit less than a year ago
Comment by
Jacques4444 on Oct 24, 2023 8:08pm
On the Q2 report, about FCF , 104 millions was paid for past activity and it was a non reccurent expense, then you have 222 millions for Pearsons and the ''increase'' expenses to be able and to be sure to produce more planes. We can expect more FCF without those expenses + the FCF at the Q3 2022 was positif. Can be a good news to come.