Earnings To Watch: Brunswick Corp (BC) Reports Q3 2024 Result

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Oct 23, 2024
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Brunswick Corp (BC, Financial) is set to release its Q3 2024 earnings on Oct 24, 2024. The consensus estimate for Q3 2024 revenue is $1.29 billion, and the earnings are expected to come in at $1.33 per share. The full year 2024's revenue is expected to be $5.30 billion and the earnings are expected to be $5.19 per share. More detailed estimate data can be found on the Forecast page.

Brunswick Corp (BC, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Brunswick Corp (BC) have seen a decrease, with the full year 2024 estimate dropping from $5.96 billion to $5.30 billion and the 2025 estimate decreasing from $6.31 billion to $5.58 billion. Conversely, earnings estimates have shown mixed trends; for the full year 2024, estimates increased from $5.05 per share to $5.19 per share, while for 2025, they declined from $8.17 per share to $6.44 per share.

Brunswick Corp (BC, Financial) Reported History

In the previous quarter of 2024-06-30, Brunswick Corp's (BC) actual revenue was $1.44 billion, which missed analysts' revenue expectations of $1.55 billion by -7.03%. Brunswick Corp's (BC) actual earnings were $1.48 per share, which missed analysts' earnings expectations of $1.85 per share by -19.96%. After releasing the results, Brunswick Corp (BC) was up by 7.5% in one day.

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Brunswick Corp (BC, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 17 analysts, the average target price for Brunswick Corp (BC) is $87.78 with a high estimate of $101 and a low estimate of $70. The average target implies an upside of 11.36% from the current price of $78.82.

Based on GuruFocus estimates, the estimated GF Value for Brunswick Corp (BC, Financial) in one year is $75.44, suggesting a downside of -4.29% from the current price of $78.82.

Based on the consensus recommendation from 19 brokerage firms, Brunswick Corp's (BC, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.