Brunswick Corp expected to post earnings of $2.48 a share - Earnings Preview

Brunswick

25/07/2023 19:06

* Brunswick Corp  BC.N   BC  is expected to show a fall in
quarterly revenue when it reports  results on July 27. 
    * The Mettawa Illinois-based  company is expected to report 
a
3.5% decrease in revenue to $1.77 billion from $1.84 billion a
year ago, according to the mean estimate from 13 analysts, based
on Refinitiv data. The company's guidance on April 27 2023, for
the period ended June 30, was for revenue between $1.84 billion
and $1.85 billion.
    * ​Refinitiv's mean analyst estimate for Brunswick Corp is
for
earnings of $2.48 per share. The company's EPS guidance on April
27 2023, for the period ended June 30, was between $2.60 and
$2.70 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 4
"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
$100​, above​ its last closing price of $87.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  2.37        2.38       2.57      Beat    7.8
 Dec. 31 2023  1.97        1.97       1.99      Beat    0.8
 Sep. 30 2022  2.65        2.64       2.67      Beat    1​
 Jun. 30 2022  2.71        2.70       2.82      Beat    4.4
 ​​Mar.        2.32        2.32       2.53      Beat    8.9
 31 2022                                                
 Dec. 31 2021  1.37        1.35       1.44      Beat    6.5​
 Sep. 30 2021  1.97        1.95       2.07      Beat    6.1
 Jun. 30 2021  2.20        2.15       2.52      Beat    17.3
 This summary was machine generated July 25 at 18:06 GMT.  All
figures in US dollars  unless otherwise stated