BRP Revised FY25 Guidance For Revenues To $8.6B-$8.9B (From $9.1B-$9.5B) Vs. $9.4B Est.
Portfolio Pulse from Benzinga Newsdesk
BRP has revised its FY25 revenue guidance to a range of $8.6 billion to $8.9 billion, down from the previous range of $9.1 billion to $9.5 billion. The new guidance is below the estimated $9.4 billion.
May 31, 2024 | 10:10 am
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BRP (DOOO) has lowered its FY25 revenue guidance to $8.6B-$8.9B from $9.1B-$9.5B, which is below the $9.4B estimate. This revision may negatively impact investor sentiment and the stock price in the short term.
The downward revision in revenue guidance indicates potential challenges or slower growth than previously anticipated. This is likely to lead to negative investor sentiment and a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100