Bombardier 2Q Revenue Seen Higher on Defense Segment, Business Jet Demand -- Earnings Preview

By Adriano Marchese

Canadian jet maker Bombardier is scheduled to report its second-quarter earnings Thursday morning. Here's what you need to know.

REVENUE: According to a poll on FactSet, revenue is expected to rise to $2.12 billion, from $2.03 billion a year earlier.

EARNINGS PER SHARE: On a per-share basis, analysts expect a decline in earnings to $1.14 from $1.87.

ADJUSTED EPS: On an adjusted basis, analysts expect $1.32 a share.

Shares in the quarter rose 41% and recently traded at 355.35 Canadian dollars ($251.86)

WHAT TO WATCH

- Investors will be keen to know how well the Bombardier's defense segment is performing. National Bank of Canada's Cameron Doerksen noted in a report that the segment has been a key driver for the company's share price momentum. It surpassed $1 billion in revenue last year, and Doerksen said that it could be on its way to surpassing its latest $1.5 billion target.

- Bombardier's core business-jet segment will also be closely watched. Doerksen said that according to business aviation data provider WingX, global business jet departures so far this year are up 3.7% compared to the same period last year. "Higher business jet utilization is typically a leading indicator for new jet demand as well as aftermarket activity," he said.

- Investors will want to know how deliveries are progressing in the year. Bombardier has a target of 157 or more business jet deliveries for the full year and Doerksen thinks the number sits a little higher than that. "We remain comfortable with our full-year delivery forecast of 159 (guide for 157+) as well as our 2027 forecast for 165 deliveries," he said.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

July 29, 2026 12:42 ET (16:42 GMT)