Brunswick Corporation Q1 2024 Earnings: A Mixed Financial Performance

Brunswick Corporation's Q1 Earnings Analysis

On Thursday, April 25, 2024, Brunswick Corporation (BC:NYSE) reported its earnings before the market opened, revealing an actual earnings per share (EPS) of $1.35. This figure slightly missed the mark compared to the estimated EPS of $1.36 set by analysts. Despite this slight shortfall in EPS, the company's revenue for the quarter was $1.365 billion, which marginally exceeded the anticipated $1.36481 billion. This performance provides a mixed view of the company's financial health, with revenue showing a positive trend but earnings not meeting expectations. The financial results disclosed by Brunswick Corporation for the first quarter ending in March 2024 were closely analyzed by Zacks Investment Research. The analysis highlighted a significant decrease in earnings per share from the previous year's $2.57 to the current $1.35. This decline in earnings per share indicates a notable shift in the company's profitability over the year. Despite the decrease in earnings, the slight surpass in revenue estimates suggests that the company is still managing to grow its sales, albeit not translating equally into net earnings. Brunswick Corporation's financial metrics, as reported, offer a deeper insight into the company's valuation and financial health. With a price-to-earnings (P/E) ratio of approximately 15.12, investors seem to have a moderate expectation of the company's future earnings growth. This P/E ratio, coupled with a price-to-sales (P/S) ratio of about 0.92, indicates that the market values each dollar of BC's sales relatively favorably, suggesting investor confidence in the company's revenue-generating capability. Furthermore, the enterprise value to sales (EV/Sales) ratio near 0.90 and the enterprise value to operating cash flow (EV/OCF) ratio of around 9.04 provide additional context on how the market values the company's sales and operating cash flow, respectively. The financial health of Brunswick Corporation can also be assessed through its debt-to-equity (D/E) ratio of approximately 0.07, which indicates a conservative approach to leveraging and suggests that the company is not overly reliant on debt to finance its operations. Additionally, the current ratio of about 2.82 demonstrates Brunswick's strong liquidity position, highlighting its ability to cover short-term obligations without financial strain. This strong liquidity is crucial for the company's operational flexibility and financial stability. Overall, Brunswick Corporation's first-quarter financial performance in 2024 presents a nuanced picture of its operational and financial status. While the slight miss in earnings per share compared to estimates might raise concerns, the company's revenue exceeding expectations and its solid financial metrics, such as the P/E ratio, liquidity ratios, and conservative debt management, suggest a stable foundation. These factors, combined with the detailed analysis provided by Zacks Investment Research, offer investors and stakeholders a comprehensive view of Brunswick's financial health and operational efficiency.
Symbol Price %chg
VKTR.JK 350 0
603129.SS 245.81 0
000040.KS 478 0
603766.SS 13.73 0
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Related Analysis

Brunswick Corporation (NYSE: BC) Maintains Strong Market Presence Amidst Positive Earnings Surprise

  • Brunswick Corporation (NYSE:BC) reported a Q3 profit of $0.97 per share, surpassing the Zacks Consensus Estimate of $0.84, indicating a 15.48% positive earnings surprise.
  • Jefferies maintained a "Hold" rating for Brunswick, raising its price target from $54 to $65, reflecting a more optimistic outlook on the company's financial performance.
  • The company's stock price has seen a notable increase to $70.63, up 8.58% or $5.58, with a trading volume indicating strong investor interest.

Brunswick Corporation (NYSE: BC), a prominent player in the Leisure and Recreation Products industry, is known for its innovative marine products and strong market presence. Competing with other industry giants, Brunswick strives to maintain its position through strategic initiatives and consistent financial performance. Recently, Jefferies maintained its "Hold" rating for BC, with a stock price of $69.98.

Jefferies also raised its price target for Brunswick from $54 to $65, reflecting a more optimistic outlook. This adjustment comes on the heels of Brunswick's Q3 2025 earnings call, where key executives like CEO David Foulkes and CFO Ryan Gwillim discussed the company's financial performance. The earnings call, held on October 23, 2025, included analysts from Citigroup and Robert W. Baird & Co.

Brunswick reported a Q3 profit of $0.97 per share, surpassing the Zacks Consensus Estimate of $0.84. This 15.48% positive earnings surprise highlights the company's ability to exceed expectations, despite a decrease from last year's $1.17 per share. The company also reported revenues of $1.36 billion, beating estimates by 7.89% and improving from $1.27 billion the previous year.

The stock price for BC has seen a notable increase, currently at $70.63, up 8.58% or $5.58. The stock has fluctuated between $64 and $70.67 today, with a 52-week high of $87.65 and a low of $41. Brunswick's market capitalization stands at approximately $4.61 billion, with a trading volume of 2,174,534 shares, indicating strong investor interest.

Brunswick's consistent performance over the past four quarters, where it has exceeded consensus earnings and revenue estimates, underscores its robust position in the market. The company's strategic focus and financial resilience continue to attract attention from analysts and investors alike, as highlighted by Jefferies' recent rating and price target adjustment.

Brunswick Beats Q1 Estimates on Marine Demand

Brunswick Corporation (NYSE:BC) delivered a strong first-quarter performance, outperforming expectations on both earnings and revenue as demand for its marine products and accessories remained solid.

The company posted adjusted earnings of $0.56 per share, more than doubling the analyst forecast of $0.24. Revenue rose 8% year-over-year to $1.22 billion, topping the $1.13 billion estimate. The growth was fueled by steady consumer interest across its marine offerings and ongoing strength in its parts and accessories segment.

As the boating industry navigates a shifting economic landscape, Brunswick’s continued ability to drive growth and manage volatility will be key to maintaining investor confidence throughout the year.

Brunswick Beats Q1 Estimates on Marine Demand

Brunswick Corporation (NYSE:BC) delivered a strong first-quarter performance, outperforming expectations on both earnings and revenue as demand for its marine products and accessories remained solid.

The company posted adjusted earnings of $0.56 per share, more than doubling the analyst forecast of $0.24. Revenue rose 8% year-over-year to $1.22 billion, topping the $1.13 billion estimate. The growth was fueled by steady consumer interest across its marine offerings and ongoing strength in its parts and accessories segment.

As the boating industry navigates a shifting economic landscape, Brunswick’s continued ability to drive growth and manage volatility will be key to maintaining investor confidence throughout the year.

Brunswick Corporation (NYSE:BC) Shows Promising Growth and Financial Health

  • Brunswick Corporation (NYSE:BC) has a projected stock price increase of 35.10%, indicating significant growth potential.
  • The company's Piotroski Score of 8 reflects its strong financial health and management capabilities.
  • Analysts have set a target price of $90 for BC, highlighting confidence in its future performance.

Brunswick Corporation (NYSE:BC) is a leading company in the marine industry, known for its innovative products and services. The company designs, manufactures, and markets a wide range of recreational marine products, including boats, engines, and marine parts. Brunswick competes with other major players in the industry, such as Yamaha and Mercury Marine, making it a significant entity in the market.

Over the past month, BC has shown a modest gain of 1.24%, reflecting its resilience in the market. Despite a recent decline of 2.61% in the last 10 days, this dip could be a strategic entry point for investors. The stock's approach to a local minimum suggests potential for a rebound, offering a buying opportunity for those looking to capitalize on short-term fluctuations.

BC's growth potential is impressive, with a projected stock price increase of 35.10%. This substantial upside potential makes BC an attractive choice for growth-oriented investors. The company's ability to innovate and expand its product offerings contributes to this optimistic outlook, positioning it well for future success in the competitive marine industry.

The Piotroski Score of 8 for BC highlights its strong financial health. This score, which evaluates a company's financial strength, indicates that BC is fundamentally sound. A high Piotroski Score suggests that BC is well-managed and capable of sustaining growth, providing investors with confidence in its long-term prospects.

Analysts have set a target price of $90 for BC, underscoring their confidence in the stock's future performance. This target price reflects a positive market sentiment and suggests that BC has the potential to reach new heights. Investors seeking a stock with a solid balance of current performance and future growth should consider BC as a valuable addition to their portfolio.

Brunswick Corporation (NYSE:BC) Shows Promising Growth and Financial Health

  • Brunswick Corporation (NYSE:BC) has a projected stock price increase of 35.10%, indicating significant growth potential.
  • The company's Piotroski Score of 8 reflects its strong financial health and management capabilities.
  • Analysts have set a target price of $90 for BC, highlighting confidence in its future performance.

Brunswick Corporation (NYSE:BC) is a leading company in the marine industry, known for its innovative products and services. The company designs, manufactures, and markets a wide range of recreational marine products, including boats, engines, and marine parts. Brunswick competes with other major players in the industry, such as Yamaha and Mercury Marine, making it a significant entity in the market.

Over the past month, BC has shown a modest gain of 1.24%, reflecting its resilience in the market. Despite a recent decline of 2.61% in the last 10 days, this dip could be a strategic entry point for investors. The stock's approach to a local minimum suggests potential for a rebound, offering a buying opportunity for those looking to capitalize on short-term fluctuations.

BC's growth potential is impressive, with a projected stock price increase of 35.10%. This substantial upside potential makes BC an attractive choice for growth-oriented investors. The company's ability to innovate and expand its product offerings contributes to this optimistic outlook, positioning it well for future success in the competitive marine industry.

The Piotroski Score of 8 for BC highlights its strong financial health. This score, which evaluates a company's financial strength, indicates that BC is fundamentally sound. A high Piotroski Score suggests that BC is well-managed and capable of sustaining growth, providing investors with confidence in its long-term prospects.

Analysts have set a target price of $90 for BC, underscoring their confidence in the stock's future performance. This target price reflects a positive market sentiment and suggests that BC has the potential to reach new heights. Investors seeking a stock with a solid balance of current performance and future growth should consider BC as a valuable addition to their portfolio.

Brunswick Corporation (NYSE: BC) Faces Market Challenges Despite Strong Product Range

  • Brunswick Corporation (NYSE:BC) reported third-quarter earnings per share (EPS) of $1.17, slightly missing the Zacks Consensus Estimate.
  • The company's revenue for the quarter was $1.27 billion, a decrease from the previous year but slightly above expectations.
  • Despite challenging market conditions, Brunswick's price-to-earnings (P/E) ratio stands at approximately 19.70, reflecting cautious optimism about its future performance.

Brunswick Corporation (NYSE:BC), a leading name in the Leisure and Recreation Products industry, offers a wide array of products, including boats and propulsion systems. Currently, the company is facing tough market conditions, leading to a hold rating due to a slow recovery in demand, which is affecting its financial outcomes.

On November 1, 2024, Nancy E. Cooper, a director at Brunswick, sold 366 shares of the company's common stock at $80.19 each, leaving her with 24,557 shares. This sale occurred amidst scrutiny of Brunswick's financial results. The company's third-quarter earnings for 2024 were disappointing, with earnings per share (EPS) of $1.17, just below the Zacks Consensus Estimate of $1.18 and a significant decrease from the $2.42 per share reported in the same quarter the previous year.

Brunswick's revenue for the quarter ended September 2024 was $1.27 billion, slightly exceeding the Zacks Consensus Estimate by 0.36%. However, this represents a decrease from the $1.59 billion reported in the same quarter the previous year. The company has surpassed consensus revenue estimates only once in the last four quarters, underscoring ongoing challenges in its core segments, especially boats and propulsion.

Despite these challenges, Brunswick maintains a price-to-earnings (P/E) ratio of approximately 19.70, indicating the price investors are willing to pay for each dollar of earnings. The company's price-to-sales ratio is about 0.98, suggesting that the stock is valued at less than one times its sales. These metrics reflect the market's cautious optimism about Brunswick's future performance.

Brunswick's financial health is further illustrated by its debt-to-equity ratio of approximately 1.26, indicating a balanced approach to financing its assets. The current ratio of about 1.97 suggests that the company has nearly twice as many current assets as current liabilities, a sign of good short-term financial health. However, the market's expectation of a recovery that may not materialize poses potential downside risks for the company.

Brunswick Corporation (NYSE: BC) Faces Market Challenges Despite Strong Product Range

  • Brunswick Corporation (NYSE:BC) reported third-quarter earnings per share (EPS) of $1.17, slightly missing the Zacks Consensus Estimate.
  • The company's revenue for the quarter was $1.27 billion, a decrease from the previous year but slightly above expectations.
  • Despite challenging market conditions, Brunswick's price-to-earnings (P/E) ratio stands at approximately 19.70, reflecting cautious optimism about its future performance.

Brunswick Corporation (NYSE:BC), a leading name in the Leisure and Recreation Products industry, offers a wide array of products, including boats and propulsion systems. Currently, the company is facing tough market conditions, leading to a hold rating due to a slow recovery in demand, which is affecting its financial outcomes.

On November 1, 2024, Nancy E. Cooper, a director at Brunswick, sold 366 shares of the company's common stock at $80.19 each, leaving her with 24,557 shares. This sale occurred amidst scrutiny of Brunswick's financial results. The company's third-quarter earnings for 2024 were disappointing, with earnings per share (EPS) of $1.17, just below the Zacks Consensus Estimate of $1.18 and a significant decrease from the $2.42 per share reported in the same quarter the previous year.

Brunswick's revenue for the quarter ended September 2024 was $1.27 billion, slightly exceeding the Zacks Consensus Estimate by 0.36%. However, this represents a decrease from the $1.59 billion reported in the same quarter the previous year. The company has surpassed consensus revenue estimates only once in the last four quarters, underscoring ongoing challenges in its core segments, especially boats and propulsion.

Despite these challenges, Brunswick maintains a price-to-earnings (P/E) ratio of approximately 19.70, indicating the price investors are willing to pay for each dollar of earnings. The company's price-to-sales ratio is about 0.98, suggesting that the stock is valued at less than one times its sales. These metrics reflect the market's cautious optimism about Brunswick's future performance.

Brunswick's financial health is further illustrated by its debt-to-equity ratio of approximately 1.26, indicating a balanced approach to financing its assets. The current ratio of about 1.97 suggests that the company has nearly twice as many current assets as current liabilities, a sign of good short-term financial health. However, the market's expectation of a recovery that may not materialize poses potential downside risks for the company.