Brunswick Earnings: Everything You Must Know Now

Brunswick Corporation (NYSE:BC) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Brunswick Corporation Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 68.89% to $0.76 in the quarter versus EPS of $0.45 in the year-earlier quarter.

Revenue: Rose 2.17% to $995.3 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Brunswick Corporation reported adjusted EPS income of $0.76 per share. By that measure, the company beat the mean analyst estimate of $0.63. It missed the average revenue estimate of $998.66 million.

Quoting Management: “Billiards tables are an important piece of furniture in the home and game room. With the Brixton and Merrimack designs, we have created tables that could be incorporated into any room in the home,” said Brent Hutton, president of Brunswick Billiards. “These newest products are just a preview of what`s to come as Brunswick continues to work with the top furniture and billiards table designers.”

Key Stats (on next page)…

Revenue increased 25.73% from $791.6 million in the previous quarter. EPS increased 3700% from $0.02 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.07 to a profit $1.1. For the current year, the average estimate has moved up from a profit of $2.32 to a profit of $2.42 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)