Brunswick Q4 Adj. EPS $1.45 Misses $1.65 Estimate, Sales $1.36B Miss $1.44B Estimate
Portfolio Pulse from Benzinga Newsdesk
Brunswick (NYSE:BC) reported Q4 adjusted EPS of $1.45, missing the $1.65 estimate, and sales of $1.36B, below the $1.44B estimate. This represents a decrease in earnings by 27.14% and in sales by 13.96% compared to the same period last year.
February 01, 2024 | 11:18 am
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NEGATIVE IMPACT
Brunswick reported a significant miss in both earnings and sales for Q4, with adjusted EPS at $1.45 against estimates of $1.65 and sales of $1.36B against estimates of $1.44B.
The significant miss in both earnings per share and sales compared to analyst estimates, along with a notable year-over-year decrease in these metrics, is likely to negatively impact investor sentiment and the stock price of Brunswick in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100