BRP Inc (TSE:DOO) – Desjardins issued their Q1 2021 earnings per share estimates for shares of BRP in a note issued to investors on Monday, March 23rd. Desjardins analyst B. Poirier anticipates that the company will post earnings of $0.46 per share for the quarter. Desjardins also issued estimates for BRP’s FY2023 earnings at $1.57 EPS.
Several other equities analysts have also recently issued reports on the company. Citigroup boosted their target price on BRP from C$71.00 to C$73.00 in a research report on Wednesday, December 4th. CIBC cut BRP from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from C$70.00 to C$28.00 in a report on Monday. TD Securities cut BRP from a “buy” rating to a “hold” rating and lowered their price target for the stock from C$74.00 to C$30.00 in a report on Monday. BMO Capital Markets cut BRP from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from C$72.00 to C$26.00 in a report on Monday. Finally, UBS Group upped their price target on BRP from C$60.00 to C$74.00 in a report on Friday, November 29th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of C$46.20.
BRP (TSE:DOO) last released its earnings results on Friday, March 20th. The company reported C$1.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$1.06 by C$0.06. The business had revenue of C$1.62 billion for the quarter, compared to analyst estimates of C$1.52 billion.
BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersport vehicles and marine products worldwide. It operates through two segments, Powersports and Marine. The company offers all-terrain, side-by-side, and three-wheeled vehicles; seasonal products consisting of snowmobiles and personal watercraft; and propulsion systems comprising engines for outboard and jet boats, karts, motorcycles, and recreational aircraft.
Receive News & Ratings for BRP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRP and related companies with MarketBeat.com's FREE daily email newsletter.