Brunswick (BC) Scheduled to Post Earnings on Wednesday
Brunswick (NYSE:BC) will post its quarterly earnings results before the market opens on Wednesday, January 24th. Analysts expect Brunswick to post earnings of $0.83 per share for the quarter. Brunswick has set its FY17 guidance at $3.85-3.87 EPS.
Brunswick (NYSE:BC) last posted its quarterly earnings results on Thursday, October 26th. The company reported $0.91 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.09). The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.16 billion. Brunswick had a net margin of 5.93% and a return on equity of 22.71%. The company’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the company earned $0.91 EPS. On average, analysts expect Brunswick to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Brunswick (NYSE:BC) opened at $57.00 on Wednesday. The company has a quick ratio of 0.95, a current ratio of 1.81 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $5,060.00, a P/E ratio of 18.33, a price-to-earnings-growth ratio of 0.82 and a beta of 1.91. Brunswick has a twelve month low of $48.04 and a twelve month high of $63.82.
Several equities analysts have commented on BC shares. Northcoast Research raised Brunswick from a “neutral” rating to a “buy” rating in a report on Friday, November 3rd. Royal Bank of Canada cut their price target on Brunswick from $67.00 to $56.00 and set an “outperform” rating for the company in a report on Monday, November 6th. Zacks Investment Research cut Brunswick from a “hold” rating to a “sell” rating in a report on Friday, September 29th. Imperial Capital cut their price target on Brunswick from $70.00 to $60.00 and set an “outperform” rating for the company in a report on Tuesday, October 31st. Finally, B. Riley reaffirmed a “buy” rating on shares of Brunswick in a report on Wednesday, December 6th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $63.08.
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Brunswick Company Profile
Brunswick Corporation is a designer, manufacturer and marketer of recreation products. The Company operates through three segments: Marine Engine, Boat and Fitness. The Company’s product includes marine engines, boats, fitness equipment and active recreation products. The Company’s engine-related products include outboard, sterndrive and inboard engines; trolling motors; propellers; engine control systems; and marine parts and accessories.
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