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Compared to Estimates, Brunswick (BC) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2024, Brunswick (BC - Free Report) reported revenue of $1.44 billion, down 15.2% over the same period last year. EPS came in at $1.80, compared to $2.35 in the year-ago quarter.
The reported revenue represents a surprise of -6.90% over the Zacks Consensus Estimate of $1.55 billion. With the consensus EPS estimate being $1.90, the EPS surprise was -5.26%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Brunswick performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Propulsion: $558 million compared to the $642.66 million average estimate based on five analysts. The reported number represents a change of -20.7% year over year.
Net Sales- Engine Parts & Accessories: $336.10 million compared to the $332.42 million average estimate based on five analysts.
Net Sales- Boat: $434.20 million versus the five-analyst average estimate of $462.83 million. The reported number represents a year-over-year change of -22.6%.
Net Sales- Segment Eliminations: -$94.50 million versus the five-analyst average estimate of -$107.13 million. The reported number represents a year-over-year change of -20.3%.
Net Sales- Navico Group: $210.10 million versus $221.97 million estimated by five analysts on average.
Operating Earnings (Loss) As Adjusted- Propulsion: $86.70 million compared to the $91.96 million average estimate based on three analysts.
Operating Earnings (Loss) As Adjusted- Engine Parts & Accessories: $75.80 million compared to the $69.31 million average estimate based on three analysts.
Operating Earnings (Loss) As Adjusted- Navico Group: $15.60 million compared to the $20.54 million average estimate based on three analysts.
Operating Earnings (Loss) As Adjusted- Corporate/Other: -$24.40 million compared to the -$34.26 million average estimate based on three analysts.
Operating Earnings (Loss) As Adjusted- Boat: $27.10 million versus $42.98 million estimated by three analysts on average.
Shares of Brunswick have returned +3.1% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, Brunswick (BC) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2024, Brunswick (BC - Free Report) reported revenue of $1.44 billion, down 15.2% over the same period last year. EPS came in at $1.80, compared to $2.35 in the year-ago quarter.
The reported revenue represents a surprise of -6.90% over the Zacks Consensus Estimate of $1.55 billion. With the consensus EPS estimate being $1.90, the EPS surprise was -5.26%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Brunswick performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- Propulsion: $558 million compared to the $642.66 million average estimate based on five analysts. The reported number represents a change of -20.7% year over year.
- Net Sales- Engine Parts & Accessories: $336.10 million compared to the $332.42 million average estimate based on five analysts.
- Net Sales- Boat: $434.20 million versus the five-analyst average estimate of $462.83 million. The reported number represents a year-over-year change of -22.6%.
- Net Sales- Segment Eliminations: -$94.50 million versus the five-analyst average estimate of -$107.13 million. The reported number represents a year-over-year change of -20.3%.
- Net Sales- Navico Group: $210.10 million versus $221.97 million estimated by five analysts on average.
- Operating Earnings (Loss) As Adjusted- Propulsion: $86.70 million compared to the $91.96 million average estimate based on three analysts.
- Operating Earnings (Loss) As Adjusted- Engine Parts & Accessories: $75.80 million compared to the $69.31 million average estimate based on three analysts.
- Operating Earnings (Loss) As Adjusted- Navico Group: $15.60 million compared to the $20.54 million average estimate based on three analysts.
- Operating Earnings (Loss) As Adjusted- Corporate/Other: -$24.40 million compared to the -$34.26 million average estimate based on three analysts.
- Operating Earnings (Loss) As Adjusted- Boat: $27.10 million versus $42.98 million estimated by three analysts on average.
View all Key Company Metrics for Brunswick here>>>Shares of Brunswick have returned +3.1% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.