Brp Inc Up 3.5% To $65.88 After Earnings

Brp Inc (DOOO) said before open Thursday that it broke even in quarter four 2024.

In the same quarter a year ago, the company earned $2.86 per share on revenue of $2.3 billion.

The stock is up 3.5% to $65.88 after the report.

Brp Inc's profit margins maintained as both earnings and revenue declined at the same pace.

The average recommendation from Wall Street analysts was a Buy which may get revised based on this new data.

Trading in the five days leading up to the report earned Brp Inc a Bullish Sentiment Rank from InvestorsObserver.

Brp Inc has performed poorly during the past few months, garnering a low Long-Term Technical Rank by InvestorsObserver of 13, putting Brp Inc in the bottom 25% of stocks. The firm set a 52-week low on December 13, 2023 at $57.15 and set a 52-week high on July 31, 2023 at $92.74.

BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after discontinuing the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers. In 2018, BRP created a marine group, acquiring boat manufacturers Alumacraft, Triton (which makes Manitou pontoon boats), and Telwater (in Australia). At the end of fiscal 2022, the company marketed its products through a network of more than 2,800 independent dealers and 170 distributors in about 120 countries.