Bombardier Inc. (BDRBF) CEO Alain Bellemare on Q2 2019 Results - Earnings Call Transcript

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Q2: 2019-08-01 Earnings Summary

EPS of -$1.00 misses by $0.55
 | Revenue of $4.31B (1.22% Y/Y) beats by $229.86M

Bombardier Inc. (OTCQX:BDRBF) Q2 2019 Earnings Conference Call August 1, 2019 8:00 AM ET

Company Participants

Patrick Ghoche - Vice President, Investor Relations
Alain Bellemare - President and Chief Executive Officer
John Di Bert - Chief Financial Officer

Conference Call Participants

Rajeev Lalwani - Morgan Stanley
Cameron Doerksen - National Bank Financial
Myles Walton - UBS
Robert Spingarn - Credit Suisse
Fadi Chamoun - BMO
Seth Seifman - JPMorgan
Ronald Epstein - Bank of America Merrill Lynch
Noah Poponak - Goldman Sachs
Walter Spracklin - RBC Capital Markets

Operator

Good morning, ladies and gentlemen, and welcome to the Bombardier's Second Quarter 2019 Earnings Conference Call. Please be advised that this call is being recorded.

At this time, I'd like to turn the discussion over to Mr. Patrick Ghoche, Vice President, Investor Relations for Bombardier. Please go ahead, Mr. Ghoche.

Patrick Ghoche

Thank you. Good morning, everyone, and welcome to Bombardier's second quarter 2019 earnings call.

I wish to remind you that during the course of this call we may make projections or other forward-looking statements regarding future events or the financial performance of the corporation. There are risk that actual events or results may differ materially from these statements. For additional information of forward-looking statements and underlying assumptions, please refer to the MD&A. I’m making this cautionary statement on behalf of each speaker on this call.

With me today is our President and Chief Executive Officer, Alain Bellemare; and our Chief Financial Officer, John Di Bert, to review our financial results for the second quarter ended June 30, 2019.

I'd now like to turn over the discussion to Alain.

Alain Bellemare

Thank you, Patrick. Good morning, everyone and thank you for joining us today. As you saw in the press release this morning, we continue to make solid progress on our turnaround journey. We are pleased

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