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Brunswick Q1 Adjusted Earnings, Sales Decline; Maintains 2024 Outlook -- Shares Fall
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Brunswick Q1 Adjusted Earnings, Sales Decline; Maintains 2024 Outlook -- Shares Fall
Apr 25, 2024 7:52 AM

10:43 AM EDT, 04/25/2024 (MT Newswires) -- Brunswick (BC) reported Q1 adjusted earnings Thursday of $1.35 per diluted share, down from $2.57 a year earlier.

Analysts polled by Capital IQ expected $1.35.

Net sales for the quarter ended March 30 were $1.37 billion, down from $1.74 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.37 billion.

For 2024, the maritime and boating brands company is reiterating its outlook of non-GAAP EPS of $7.00 to $8.00 on revenue of $6 billion to $6.2 billion.

Analysts polled by Capital IQ are looking for $7.39 and $6.02 billion, respectively.

Shares of the company fell 6.6% in recent trading.

Price: 80.44, Change: -5.69, Percent Change: -6.61

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