Brunswick Corp expected to post earnings of $1.20 a share - Earnings Preview

Brunswick

22/10/2024 15:48

* Brunswick Corp  BC.N   BC  is expected to show a fall in
quarterly revenue when it reports  results on October 24 for the
period ending September 30 2024
    * The Mettawa Illinois-based  company is expected to report
a
19.0% decrease in revenue to $1.291 billion from $1.59 billion a
year ago, according to the mean estimate from 16 analysts, based
on LSEG data.The company's guidance on July 25 2024, for the
period ended September 30, was for revenue between $1.20 billion
and $1.30 billion.
    * ​LSEG's mean analyst estimate for Brunswick Corp is for
earnings
of $1.20 per share. The company's EPS guidance on July 25 2024,
for the period ended September 30, was between $1.15 and $1.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Brunswick
Corp is
$90.00​, above​ its last closing price of $81.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.89        1.90       1.80      Missed  -5.4
 Jan. 1 0001   1.35        1.35       1.35      Met     0
 Dec. 31 2023  1.64        1.65       1.45      Missed  -12​
 Sep. 30 2023  2.35        2.36       2.42      Beat    2.4
 ​​Jan.        2.42        2.48       2.35      Missed  -5.2
 1 0001                                                 
 Jan. 1 0001   2.37        2.38       2.57      Beat    7.8​
 Dec. 31 2022  1.97        1.97       1.99      Beat    0.8
 Sep. 30 2022  2.65        2.64       2.67      Beat    1
 This summary was machine generated October 22 at 14:48 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)