BRP Q1 Adj. EPS $1.76 Beats $1.70 Estimate, Sales $1.80B Beat $1.66B Estimate
Portfolio Pulse from Benzinga Newsdesk
BRP reported Q1 adjusted earnings of $1.76 per share, beating the analyst consensus estimate of $1.70 by 3.53%. Sales reached $1.80 billion, surpassing the $1.66 billion estimate by 8.28%. Both earnings and sales increased significantly compared to the same period last year.
June 01, 2023 | 10:05 am
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BRP's Q1 earnings and sales exceeded analyst estimates, with a 34.35% YoY increase in earnings and a 25.88% YoY increase in sales.
BRP's better-than-expected Q1 earnings and sales growth indicate strong financial performance, which is likely to have a positive short-term impact on its stock price. The 34.35% YoY increase in earnings and 25.88% YoY increase in sales demonstrate the company's ability to outperform analyst expectations, making it an attractive investment option.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100