What to Expect from Brunswick's Earnings

Brunswick (NYSE:BC) will release its quarterly earnings report on Thursday, 2024-10-24. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Brunswick to report an earnings per share (EPS) of $1.20.

The market awaits Brunswick's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Past Earnings Performance

During the last quarter, the company reported an EPS missed by $0.10, leading to a 1.21% increase in the share price on the subsequent day.

Here's a look at Brunswick's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.9

1.35

1.65

2.36

EPS Actual

1.8

1.35

1.45

2.42

Price Change %

1.0%

1.0%

1.0%

0.0%

Tracking Brunswick's Stock Performance

Shares of Brunswick were trading at $78.82 as of October 22. Over the last 52-week period, shares are up 16.31%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst Observations about Brunswick

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Brunswick.

The consensus rating for Brunswick is Buy, derived from 7 analyst ratings. An average one-year price target of $92.71 implies a potential 17.62% ...