Bluebird Income Before Tax from 2010 to 2024

BLUE Stock  USD 0.49  0.01  2.08%   
Bluebird Bio's Income Before Tax is decreasing over the years with slightly volatile fluctuation. Income Before Tax is expected to dwindle to about -222.6 M. During the period from 2010 to 2024 Bluebird Bio Income Before Tax annual values regression line had coefficient of variation of (90.59) and r-squared of  0.35. View All Fundamentals
 
Income Before Tax  
First Reported
2011-12-31
Previous Quarter
-69.8 M
Current Value
-81.4 M
Quarterly Volatility
75 M
 
Yuan Drop
 
Covid
Check Bluebird Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bluebird Bio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8 M, Interest Expense of 15.5 M or Selling General Administrative of 126.8 M, as well as many indicators such as Price To Sales Ratio of 4.88, Dividend Yield of 0.0 or PTB Ratio of 0.46. Bluebird financial statements analysis is a perfect complement when working with Bluebird Bio Valuation or Volatility modules.
  
Check out the analysis of Bluebird Bio Correlation against competitors.
For information on how to trade Bluebird Stock refer to our How to Trade Bluebird Stock guide.

Latest Bluebird Bio's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Bluebird bio over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Bluebird Bio income statement and is an important metric when analyzing Bluebird bio profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Bluebird Bio's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bluebird Bio's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Bluebird Income Before Tax Regression Statistics

Arithmetic Mean(275,605,930)
Coefficient Of Variation(90.59)
Mean Deviation197,784,447
Median(222,640,950)
Standard Deviation249,661,311
Sample Variance62330.8T
Range774.6M
R-Value(0.59)
Mean Square Error43868.5T
R-Squared0.35
Significance0.02
Slope(32,860,092)
Total Sum of Squares872630.8T

Bluebird Income Before Tax History

2024-222.6 M
2023-212 M
2022-266.5 M
2021-562.4 M
2020-618 M
2019-790.2 M
2018-555.4 M

About Bluebird Bio Financial Statements

Bluebird Bio stakeholders use historical fundamental indicators, such as Bluebird Bio's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Bluebird Bio investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bluebird Bio's assets and liabilities are reflected in the revenues and expenses on Bluebird Bio's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Bluebird bio. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax-212 M-222.6 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Bluebird bio is a strong investment it is important to analyze Bluebird Bio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bluebird Bio's future performance. For an informed investment choice regarding Bluebird Stock, refer to the following important reports:
Check out the analysis of Bluebird Bio Correlation against competitors.
For information on how to trade Bluebird Stock refer to our How to Trade Bluebird Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bluebird Bio. If investors know Bluebird will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bluebird Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.30)
Revenue Per Share
0.357
Quarterly Revenue Growth
1.337
Return On Assets
(0.36)
Return On Equity
(1.87)
The market value of Bluebird bio is measured differently than its book value, which is the value of Bluebird that is recorded on the company's balance sheet. Investors also form their own opinion of Bluebird Bio's value that differs from its market value or its book value, called intrinsic value, which is Bluebird Bio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bluebird Bio's market value can be influenced by many factors that don't directly affect Bluebird Bio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bluebird Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bluebird Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bluebird Bio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.