Brunswick Corp expected to post earnings of $2.36 a share - Earnings Preview

Brunswick

24/10/2023 14:01

* Brunswick Corp  BC.N   BC  is expected to show a fall in
quarterly revenue when it reports  results on October 26. 
    * The Mettawa Illinois-based  company is expected to report 
a
2.4% decrease in revenue to $1.657 billion from $1.7 billion a
year ago, according to the mean estimate from 13 analysts, based
on Refinitiv data. The company's guidance on July 27 2023, for
the period ended September 30, was for revenue between $1.68
billion and $1.70 billion.
    * ​Refinitiv's mean analyst estimate for Brunswick Corp is
for
earnings of $2.36 per share. The company's EPS guidance on July
27 2023, for the period ended September 30, was between $2.35
and $2.45 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 6
"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
$94​, above​ its last closing price of $71.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  2.42        2.48       2.35      Missed  -5.2
 Mar. 31 2023  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
 ​​Jun.        2.71        2.70       2.82      Beat    4.4
 30 2022                                                
 Mar. 31 2022  2.32        2.32       2.53      Beat    8.9​
 Dec. 31 2021  1.37        1.35       1.44      Beat    6.5
 Sep. 30 2021  1.97        1.95       2.07      Beat    6.1
 This summary was machine generated October 24 at 13:01 GMT.  All
figures in US dollars  unless otherwise stated