We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Unveiling Brunswick (BC) Q3 Outlook: Wall Street Estimates for Key Metrics
Read MoreHide Full Article
Wall Street analysts forecast that Brunswick (BC - Free Report) will report quarterly earnings of $1.18 per share in its upcoming release, pointing to a year-over-year decline of 51.2%. It is anticipated that revenues will amount to $1.27 billion, exhibiting a decline of 20.3% compared to the year-ago quarter.
Over the last 30 days, there has been a downward revision of 1.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Brunswick metrics that Wall Street analysts commonly model and monitor.
It is projected by analysts that the 'Net Sales- Propulsion' will reach $488.72 million. The estimate indicates a change of -32% from the prior-year quarter.
The consensus among analysts is that 'Net Sales- Engine Parts & Accessories' will reach $354.41 million. The estimate suggests a change of +2.9% year over year.
The average prediction of analysts places 'Net Sales- Boat' at $342.16 million. The estimate points to a change of -20.2% from the year-ago quarter.
Analysts expect 'Net Sales- Navico Group' to come in at $193.26 million. The estimate points to a change of -9.4% from the year-ago quarter.
Analysts' assessment points toward 'Operating Earnings (Loss) As Adjusted- Propulsion' reaching $51.30 million. The estimate compares to the year-ago value of $132.70 million.
The combined assessment of analysts suggests that 'Operating Earnings (Loss) As Adjusted- Engine Parts & Accessories' will likely reach $87.77 million. Compared to the current estimate, the company reported $77.90 million in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Operating Earnings (Loss) As Adjusted- Navico Group' should arrive at $14.31 million. The estimate is in contrast to the year-ago figure of $20.10 million.
According to the collective judgment of analysts, 'Operating Earnings (Loss) As Adjusted- Boat' should come in at $10.19 million. The estimate is in contrast to the year-ago figure of $27.20 million.
Shares of Brunswick have experienced no change in the past month compared to the +2.8% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), BC is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Unveiling Brunswick (BC) Q3 Outlook: Wall Street Estimates for Key Metrics
Wall Street analysts forecast that Brunswick (BC - Free Report) will report quarterly earnings of $1.18 per share in its upcoming release, pointing to a year-over-year decline of 51.2%. It is anticipated that revenues will amount to $1.27 billion, exhibiting a decline of 20.3% compared to the year-ago quarter.
Over the last 30 days, there has been a downward revision of 1.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Brunswick metrics that Wall Street analysts commonly model and monitor.
It is projected by analysts that the 'Net Sales- Propulsion' will reach $488.72 million. The estimate indicates a change of -32% from the prior-year quarter.
The consensus among analysts is that 'Net Sales- Engine Parts & Accessories' will reach $354.41 million. The estimate suggests a change of +2.9% year over year.
The average prediction of analysts places 'Net Sales- Boat' at $342.16 million. The estimate points to a change of -20.2% from the year-ago quarter.
Analysts expect 'Net Sales- Navico Group' to come in at $193.26 million. The estimate points to a change of -9.4% from the year-ago quarter.
Analysts' assessment points toward 'Operating Earnings (Loss) As Adjusted- Propulsion' reaching $51.30 million. The estimate compares to the year-ago value of $132.70 million.
The combined assessment of analysts suggests that 'Operating Earnings (Loss) As Adjusted- Engine Parts & Accessories' will likely reach $87.77 million. Compared to the current estimate, the company reported $77.90 million in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Operating Earnings (Loss) As Adjusted- Navico Group' should arrive at $14.31 million. The estimate is in contrast to the year-ago figure of $20.10 million.
According to the collective judgment of analysts, 'Operating Earnings (Loss) As Adjusted- Boat' should come in at $10.19 million. The estimate is in contrast to the year-ago figure of $27.20 million.
View all Key Company Metrics for Brunswick here>>>
Shares of Brunswick have experienced no change in the past month compared to the +2.8% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), BC is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>