Earnings Preview: BRP
Portfolio Pulse from Benzinga Insights
BRP (NASDAQ:DOOO) is scheduled to release its quarterly earnings report on March 28, 2024. Analysts predict an EPS of $1.92. The company's past earnings performance shows a trend of beating EPS estimates, which has led to varying stock price reactions. Shares are currently trading at $62.07, down 19.3% over the last year. Investors are looking for positive guidance for the next quarter, which could significantly impact the stock price.
March 27, 2024 | 3:01 pm
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BRP is expected to report an EPS of $1.92 for the upcoming quarter. Historical data shows the company has a track record of beating EPS estimates, which has led to positive stock price movements. Currently, shares are down 19.3% over the last year.
Given BRP's history of beating EPS estimates and the subsequent positive reactions in its stock price, there is a likelihood of a positive short-term impact on DOOO's stock price if the trend continues. However, the current year-to-date performance indicates a bearish sentiment among long-term shareholders, which could temper the magnitude of any positive movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100