06:25 AM EDT, 09/06/2024 (MT Newswires) -- BRP (DOOO) reported fiscal Q2 normalized earnings Friday of 0.61 Canadian dollars ($0.45) per diluted share, down from CA$3.21 a year earlier.

Analysts polled by Capital IQ expected CA$0.44.

Revenue for the quarter ended July 31 was CA$1.84 billion, compared with CA$2.78 billion a year earlier.

Analysts surveyed by Capital IQ expected CA$1.9 billion.

The company said it expects lower fiscal 2025 normalized EPS of CA$2.75 to CA$3.25, compared with the prior outlook of CA$6 to $CA7. Analysts polled by Capital IQ expect CA$6.18.

Revenue for the fiscal year is now projected to be CA$7.8 billion to CA$8 billion, compared with CA$8.6 billion to CA$8.9 billion anticipated previously. Analysts surveyed by Capital IQ expect CA$8.68 billion.

The company maintained a quarterly dividend of CA$0.21 per share, payable on Oct. 11 to shareholders of record on Sept. 27.