Brunswick Corp. (BC) reported third quarter net loss of $114.3 million, or $1.29 per diluted share, as compared with a net loss of $729.1 million, or $8.26 per diluted share in the prior year quarter.
Adjusted loss per share for the period was $1.21, compared to a loss of $0.33 in the previous year.
On average, five analysts polled by Thomson Reuters expected the company to report a loss of $1.34 per share. Analysts' estimates typically exclude special items.
Net sales for the quarter declined 36% to $665.8 million from $1.04 billion a year earlier. Four Wall Street analysts expected revenues of $701.13 million.
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