Ski-Doo and Sea-Doo maker BRP reports profit, revenue up from year ago [Globe and Mail, The (Toronto, Canada)]
BRP Inc. - Common Subordinate Voting Shares (DOOO)
Company Research
Source: Globe and Mail, The
Christinne Muschi/The Canadian Press The maker of Ski-Doos and Sea-Doos says it earned $76.5-million or $1.04 per diluted share for the quarter ended Oct. 31. The result was up from a profit of $30.6-million or 42 cents per diluted share in the same quarter last year. Revenue for the quarter totalled $2.25-billion, up from $1.97-billion in the same quarter last year. In its guidance for its full year, BRP says it now expects revenue to total about $8.3-billion compared with earlier expectations for a range of $8.15-billion to $8.30-billion. The company also says it now expects its normalized earnings per diluted share to amount to $5, up from earlier guidance for $4.25 to $4.75. Sign up for our new Business Brief newsletter. A daily look at the most important business stories that are making news and moving markets, written by Chris Wilson-Smith Tickers mentioned in this story Symbol Name % change Last Brp Inc
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