Investing.com - BRP (NASDAQ:DOOO) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BRP announced earnings per share of C$2.94 on revenue of C$2.44B. Analysts polled by Investing.com anticipated EPS of C$2.62 on revenue of C$2.3B.
BRP shares are down 19% from the beginning of the year, still down 28.33% from its 52 week high of C$124.97 set on September 27, 2021.
BRP shares lost 100.00% in pre-market trade following the report.
BRP follows other major Industrials sector earnings this month
BRP's report follows an earnings missed by Anaergia on August 16, who reported EPS of C$-0.3 on revenue of C$42.2M, compared to forecasts EPS of C$-0.0239 on revenue of C$51.63M.
Green Impact Partners had missed expectations on August 25 with second quarter EPS of C$-0.17 on revenue of C$68.89M, compared to forecast for EPS of C$-0.04 on revenue of C$68.9M.
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