Brunswick Corp falls on downbeat FY forecast, Q3 rev miss

Brunswick

26/10/2023 12:47

** Shares of recreational marine products maker Brunswick
 BC.N  fall 6.9% to $64 premarket
    ** Co forecasts FY23 adjusted EPS of about $9.00, below
average analyst estimate of $9.30 - LSEG data
    ** Co sees annual net sales in the range of $6.45 to $6.5
bln, in line with analyst estimate
    ** Q3 net sales fall to $1.59 bln from $1.70 bln, also
missing Wall Street view of $1.66 bln
    ** Up to Wednesday's close, stock had fallen 4.6% YTD

 (Reporting by Khushi Singh)
 ((Khushi.Singh@thomsonreuters.com;))