BRP rises after lifting annual forecasts
BUZZ-BRP rises after lifting annual forecasts ** U.S.-listed shares of powersports vehicles manufacturer BRP DOO.TO up ~3% at $65.50 premarket
** Co raises full-year revenue and profit forecast, citing strong off-road vehicles performance and reduced net tariff costs
** Expects fiscal 2027 total revenues of C$9.23 billion to C$9.48 billion, compared with prior forecast of C$9.13 billion to C$9.38 billion
** Expects annual normalized diluted EPS in the range of C$4.00 to C$4.50, from C$3.00 to C$3.50 previously
** Reports Q2 revenue of C$2.24 billion, beating analysts' estimates of C$2.01 billion - data compiled by LSEG
** Posts narrower quarterly adj. loss of 18 Canadian cents per share vs expectations of a loss of 66 Canadian cents per share
** As of last close, stock down ~10% YTD
(Reporting by Shania S Thomas in Bengaluru)