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Bombardier Q3 Outlook Points to Revenue Gains and Backlog Growth

Analysts anticipate a significant jump in profitability and revenue for Bombardier when the business-jet manufacturer reports its third-quarter results this Thursday. Market expectations place revenue at $2.38 billion, up from $2.31 billion a year ago, with earnings per share projected to reach $1.73 against 77 cents previously.

Bombardier Q3 Outlook Points to Revenue Gains and Backlog Growth

Investors are closely monitoring the company's order book, which stood at $21.8 billion at the end of the previous quarter. National Bank of Canada analyst Cameron Doerksen suggests that robust demand for new jets will likely yield another positive book-to-bill ratio. Beyond aircraft sales, the focus remains on the expansion of aftermarket services and the defense segment.

Aftermarket services continue to provide a buffer against cyclical volatility, with Doerksen highlighting the segment's potential to drive margin expansion. Simultaneously, the defense unit—bolstered by the Saab GlobalEye program—is positioned to exceed the company's $1.5 billion annual revenue target for that division. Despite these positive indicators, Bombardier shares faced a 3.6% decline during the quarter, recently trading at 337.20 Canadian dollars.

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