Brunswick Reports Preliminary Q2 Revenue Of $1.7B (Consensus $1.84B), Adjusted EPS Of $2.30-$2.35 (Consensus $2.68)
Portfolio Pulse from Benzinga Newsdesk
Brunswick Corporation has reported preliminary Q2 revenue of $1.7 billion, which is below the consensus estimate of $1.84 billion. The company's adjusted EPS is also lower than expected, at $2.30-$2.35 compared to the consensus of $2.68.
July 19, 2023 | 10:33 am
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Brunswick's lower than expected Q2 revenue and adjusted EPS could negatively impact its stock price in the short term.
Brunswick's Q2 revenue and adjusted EPS are both lower than the consensus estimates. This underperformance could lead to a negative market reaction, potentially causing the company's stock price to decrease in the short term.
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