BRP lowered its earnings outlook for fiscal 2027 after revised U.S. tariffs created what leaders there estimate will be as much as $293 million in incremental costs in 2026. The Canadian powersports manufacturer now expects normalized diluted earnings per share of $2.19 to $2.55 for fiscal 2027, down 45.8% at the midpoint from its prior guidance range of $4.01 to $4.74, according to the company’s May 28 fiscal first quarter earnings release. Normalized […]
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