BRP Q3 Adjusted EPS $2.28 Down From $2.74 YoY, Sales $1.84B Down From $2.04B YoY
Portfolio Pulse from Benzinga Newsdesk
BRP Inc. (NASDAQ:DOOO) reported a decrease in Q3 adjusted EPS to $2.28 from $2.74 YoY and a 9.69% drop in sales to $1.84B from $2.04B YoY.
November 30, 2023 | 11:03 am
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NEGATIVE IMPACT
BRP Inc. reported a 16.75% decrease in adjusted EPS and a 9.69% decrease in sales for Q3 compared to the previous year.
The reported decrease in both earnings per share and sales indicates a weaker financial performance compared to the same quarter last year, which could lead to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100