BRP Inc. (DOOO) Beats Q1 Earnings and Revenue Estimates

Core Viewpoint - BRP Inc. reported quarterly earnings of $0.33 per share, exceeding the Zacks Consensus Estimate of $0.29 per share, but down from $0.70 per share a year ago, indicating a significant earnings surprise of 13.79% [1] Group 1: Earnings Performance - The company has surpassed consensus EPS estimates in all four of the last quarters [2] - BRP's revenues for the quarter ended April 2025 were $1.3 billion, exceeding the Zacks Consensus Estimate by 5.48%, although this is a decrease from $1.5 billion in the same quarter last year [2] - The company has topped consensus revenue estimates three times over the last four quarters [2] Group 2: Stock Performance and Outlook - BRP shares have declined approximately 29.4% since the beginning of the year, contrasting with the S&P 500's slight gain of 0.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.41 on revenues of $1.26 billion, and for the current fiscal year, it is $2.38 on revenues of $5.4 billion [7] Group 3: Industry Context - The Automotive - Original Equipment industry, to which BRP belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact BRP's stock performance [5]