Brunswick Expects Q3 Net Sales Flat To Down Slightly Y/Y And Adjusted EPS Of $2.35-$2.45, Consensus $2.74
Portfolio Pulse from Benzinga Newsdesk
Brunswick Corporation (BC) anticipates its Q3 net sales to be flat or slightly down year-over-year. The company also expects its adjusted EPS to be between $2.35 and $2.45, which is below the consensus estimate of $2.74.
July 27, 2023 | 10:29 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Brunswick's Q3 net sales are expected to be flat or slightly down Y/Y, and its adjusted EPS is forecasted to be lower than consensus estimates.
Brunswick's lower than expected Q3 earnings forecast could negatively impact its stock price in the short term. Investors may react to the lower earnings forecast by selling shares, which could drive the price down.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100