BRP Inc reports results for the quarter ended January 31 - Earnings Summary

• BRP Inc DOO.TO reported quarterly adjusted earnings of 98 cents​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of C$2.46. The mean expectation of fifteen analysts for the quarter was for earnings of 88 cents per share. Wall Street expected results to range from 57 cents to C$1.70 per share.

• Revenue fell 22.1% to C$2.10 billion from a year ago; analysts expected C$1.98 billion.

• BRP Inc's reported EPS for the quarter was a loss of 60 cents​.

• The company reported a quarterly loss of C$44.5 million.

• BRP Inc shares had fallen by 30.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 5.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."

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

Wall Street's median 12-month price target for BRP Inc is C$81.50

This summary was machine generated from LSEG data March 26 at 11:00 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)