BRP Inc reports results for the quarter ended in January - Earnings Summary

• BRP Inc DOO reported quarterly adjusted earnings of C$2.46​​ per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of C$3.85. The mean expectation of sixteen analysts for the quarter was for earnings of C$2.60 per share. Wall Street expected results to range from C$2.44 to C$2.68 per share.

• Revenue fell 12.5% to C$2.69 billion from a year ago; analysts expected C$2.79 billion.

• BRP Inc's reported EPS for the quarter was C$2.46​.

• The company reported quarterly net income of C$188.2 million.

• BRP Inc shares had fallen by 11.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the recreational products peer group is also "buy"

Wall Street's median 12-month price target for BRP Inc is $74.00

This summary was machine generated from LSEG data March 28 at 11:37 a.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)