News

(RTTNews) - Brunswick Corporation (BC) said, for 2024, the company expects: adjusted EPS in the range of $7.00 - $8.00; and net sales between $6.0 billion and $6.2 billion. For the first quarter, the company expects: adjusted EPS between $1.30 and $1.40; and revenue of between $1.3 and $1.4 billion.

Fourth quarter earnings from continuing operations totaled $71.0 million, or $1.03 per share compared with $140.3 million, or $1.93 per share, in last year's fourth quarter. Excluding items, adjusted earnings per share was $1.45 compared to $1.99. Analysts on average had expected the company to earn $1.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 14% to $1.36 billion from $1.58 billion last year. Analysts on average had estimated $1.44 billion in revenue.

Shares of Brunswick are down 4% in pre-market trade on Thursday.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.