BRPNASDAQ: BRP

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

BRP (DOOO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

VALCOURT, QC , Oct. 17, 2024 /PRNewswire/ - BRP Inc. (TSX: DOO) (NASDAQ: DOOO) today announced that it is initiating a process for the sale of its Marine businesses namely Alumacraft, Manitou, Telwater (Quintrex, Stacer, Savage and Yellowfin), and Marine parts, accessories and apparel. This process excludes all activities related to its Sea-Doo personal watercraft, Sea-Doo Switch pontoons and jet propulsion systems.

VALCOURT, QC , Oct. 9, 2024 /PRNewswire/ - The Board of Directors of BRP Inc. (TSX: DOO) (NASDAQ: DOOO) announces that, for personal reasons, Ms. Estelle Métayer has tendered her resignation as Director of the Company, effective today.

PALM BAY, Fla , Sept. 20, 2024 /PRNewswire/ - BRP Inc. (TSX: DOO) (NASDAQ: DOOO), a global leader in powersports and marine products, is proud to announce the official inauguration of its Design & Innovation Center in Palm Bay, Florida, as part of its on-going expansion in the region.

BRP Inc.'s Q2 results showed incredibly weak financials, as the industry remains challenging and as the company's dealer inventory management pushed down market share. The FY2025 guidance was also again cut, as many peers have also done, as the industry struggles seem to persist longer than was thought previously. Recovery is due in the midterm as interest rates have begun declining, but the short term remains challenging, so BRP Inc. stock is not yet at an attractive level.

BRP Inc. (DOOO) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $2.41 per share a year ago.

Highlights Revenues of $1,841.9 million, a decrease of 33.7% compared to last year, reflecting the Company's focus on reducing network inventory levels; Net income of $7.2 million, a decrease of $331.5 million compared to last year; Normalized EBITDA [1] of $198.5 million, a decrease of 58.0% compared to last year; Normalized diluted earnings per share [1][2] of $0.61, a decrease of $2.60 per share, and diluted earnings per share of $0.09, a decrease of $4.17 compared to last year; North American Powersports retail sales decreased by 18% compared to an industry that decreased in the high single digit %; Adjusting full year-end guidance for revenues, now ranging between $7.8 and $8.0 billion, and for Normalized diluted earnings per share [1][2], now ranging between $2.75 and $3.25. Recent events – Highlights from Club BRP 2025 The Company continued to push the boundaries of innovation and technology by enhancing its existing product lines, namely with the introduction of the all-new Can-Am Outlander 850 and 1000R ATVs, the Can-Am Maverick R Max SSV lineup, the Sea-Doo FishPro Apex, the Sea-Doo Switch Fish pontoon, and the 2025 Alumacraft Competitor and Trophy boat models, as well as with the launch of the brand-new Can-Am Canyon 3-wheel vehicle.

BRP Inc. (NASDAQ:DOOO ) Q2 2025 Earnings Conference Call September 6, 2024 9:00 AM ET Company Participants Philippe Deschenes - Investor Relations Jose Boisjoli - President and Chief Executive Officer Sebastien Martel - Chief Financial Officer Conference Call Participants Craig Kennison - Baird Martin Landry - Stifel Robin Farley - UBS Benoit Poirier - Desjardins Capital Markets Xian Siew - BNP Paribas Mark Petrie - CIBC James Hardiman - Citi Cameron Doerksen - National Bank Financial Jonathan Goldman - Scotiabank Jaime Katz - Morningstar Luke Hannan - Canaccord Brian Morrison - Cowen Fred Wightman - Wolfe Research Tristan Thomas-Martin - BMO Capital Markets Operator Good morning, ladies and gentlemen, and welcome to BRP Inc's FY ‘25 Second Quarter Results Conference Call. For participants who use the telephone line, it is recommended to turn off the sound on your device.