BRP Q1 EPS Soars 123%, Raises Fiscal 2027 Revenue Guidance to $9.12–$9.37B
DOO•BRP Inc. reported Q1 adjusted EPS of $1.83, more than double the $0.82 consensus, on $2.39 billion revenue that topped estimates by $0.85 billion and grew 29.5% year-over-year. The company raised fiscal 2027 guidance to $3.00-$3.50 EPS and $9.12-$9.37 billion revenue, well above analyst forecasts.
1. First-Quarter Outperformance
BRP Inc. delivered adjusted EPS of $1.83, beating the $0.82 consensus by 123%, on $2.39 billion in revenue that surpassed forecasts by $0.85 billion and grew 29.5% year-over-year, driven by higher off-road vehicle and personal watercraft shipments and a favorable sales mix.
2. Fiscal 2027 Guidance Upgrade
The company set fiscal 2027 guidance for adjusted EPS between $3.00 and $3.50, with a midpoint of $3.25 above the $2.60 estimate, and raised revenue outlook to $9.12–$9.37 billion versus the $6.5 billion consensus.
3. Tariff Impacts and Q2 Outlook
Management expects Q2 adjusted EPS of $1.60–$1.65, down year-over-year due to additional tariff-related costs, timing of personal watercraft shipments, and higher prior-year tax incentives, while mitigation efforts are underway to offset tariffs.
4. Cash Flow and Shareholder Returns
BRP generated $425.5 million in operating cash flow and returned $62.7 million to shareholders through dividends and share repurchases, while adjusted EBITDA climbed 66.5% to $334.4 million and North American powersports sales declined 7%, with market share gains in off-road vehicles.
