BRP Q4 Adj. EPS $1.82 Misses $1.92 Estimate, Sales $1.99B Miss $2.05B Estimate
Portfolio Pulse from Benzinga Newsdesk
BRP (NASDAQ:DOOO) reported Q4 adjusted EPS of $1.82, missing the $1.92 estimate, and sales of $1.99B, missing the $2.05B estimate. This represents a 36.36% decrease in earnings and a 12.71% decrease in sales from the same period last year.
March 28, 2024 | 10:07 am
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NEGATIVE IMPACT
BRP reported a miss in both Q4 earnings and sales compared to analyst estimates, with a notable year-over-year decline in performance.
The miss in both earnings per share and sales compared to analyst estimates, coupled with the significant year-over-year decline, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100