Brunswick Sees Q4 Net Sales Growth Down High-Single-Digit Percent Y/Y, Adj. EPS of $1.65 Vs. Consensus $2.00
Portfolio Pulse from Benzinga Newsdesk
Brunswick Corporation (BC) anticipates a high-single-digit percent decrease in net sales for Q4 year-over-year. The company also expects an adjusted EPS of $1.65, lower than the consensus estimate of $2.00.
October 26, 2023 | 10:16 am
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Brunswick Corporation's Q4 net sales are expected to decrease by a high-single-digit percent Y/Y. The company's adjusted EPS is also projected to be $1.65, lower than the consensus estimate of $2.00.
The company's projected decrease in net sales and lower-than-expected EPS could negatively impact investor sentiment, potentially leading to a decrease in the company's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100