LOGO
LOGO

Quick Facts

Brunswick Corp. Quarterly Profit Improves Better Than Estimates; Annual Outlook Above View

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Brunswick Corporation (BC) Thursday reported higher profit in the fourth quarter, better than analysts' view. The company also provided full-year outlook, that stands higher than the consensus estimate.

Net earnings were $101.5 million or $1.30 per share in the fourth quarter, up from $95.1 million or $1.20 per share in the same quarter a year ago.

Excluding one-time items, earnings were $1.44 per share, that beat the average estimate of analysts polled by Thomson Reuters at $1.35 per share. Analysts' estimates typically exclude special items.

Net sales for the quarter was $1.431 billion, up from $1.161 billion in the year-ago quarter. The consensus estimate stood at $1.38 billion.

For the first quarter, revenue growth is expected to be about 15%, with low-to-mid single digit EPS growth. Analysts expect first quarter revenue to grow 28.8% year-on-year.

Looking forward to 2022, the company sees net sales between $6.7 billion and $7.0 billion, and adjusted EPS in the range of $9.60 - $10.25. Analysts expect earnings of $9.23 per share on revenue of $6.45 billion for the year.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.

RELATED NEWS