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Brunswick's Q3 Adjusted Earnings, Revenue Fall; Lowers Full-Year Guidance
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Brunswick's Q3 Adjusted Earnings, Revenue Fall; Lowers Full-Year Guidance
Nov 2, 2024 4:02 AM

07:08 AM EDT, 10/24/2024 (MT Newswires) -- Brunswick (BC) reported Q3 adjusted earnings Thursday of $1.17 per diluted share, down from $2.42 a year earlier.

Analysts polled by Capital IQ expected $1.20.

Net sales for the quarter ended Sept. 28 was $1.27 billion, down from $1.59 billion a year earlier.

Analysts surveyed by Capital IQ estimated $1.29 billion.

The company said it now expects full-year adjusted earnings of around $4.50 per diluted share, compared with prior guidance for adjusted earnings in a range of $5.00 to $5.50 per diluted share. Net sales are expected in a range of $5.1 billion to $5.2 billion, compared with a prior guidance of $5.2 billion to $5.4 billion. Analysts surveyed by Capital IQ estimated adjusted EPS of $5.23 from revenue of $5.30 billion.

Price: 77.11, Change: +0.10, Percent Change: +0.13

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