BRP Inc expected to post earnings of C$2.61 a share - Earnings Preview

BRP

26/03/2024 10:03

* BRP Inc  DOO.TO   is expected to show a fall in quarterly
revenue when it reports  results on March 28 for the period
ending January 31 2024
    * The Valcourt Quebec-based  company is expected to report a
9.3% decrease in revenue to C$2.789 billion from C$3.08 billion
a year ago, according to the mean estimate from 16 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for BRP Inc is for earnings
of
C$2.61 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for BRP Inc is
C$102.50​, above​ its last closing price of C$83.09. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  3.09        3.07       3.06      Missed  -0.3
 Jul. 31 2023  2.96        2.97       3.21      Beat    8
 Apr. 30 2023  2.32        2.32       2.38      Beat    2.6​
 Jan. 31 2023  3.77        3.75       3.85      Beat    2.7
 ​​Oct.        2.39        2.36       3.64      Beat    54.2
 31 2022                                                
 Jul. 31 2022  2.62        2.62       2.94      Beat    12.4​
 Apr. 30 2022  1.18        1.13       1.66      Beat    46.6
 Jan. 31 2022  2.58        2.53       3.00      Beat    18.7
 This summary was machine generated March 26 at 10:03 GMT.  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)