Brunswick (NYSE:BC) Issues Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Brunswick (NYSE:BC) announced its earnings results on Thursday. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06, RTT News reports. Brunswick had a net margin of 5.02% and a return on equity of 19.15%. During the same period in the prior year, the company earned $1.45 EPS. Brunswick updated its FY 2025 guidance to 3.500-5.000 EPS and its Q1 2025 guidance to 0.150-0.250 EPS.

Brunswick Stock Up 1.4 %

Shares of BC traded up $0.99 during trading hours on Friday, hitting $70.03. The company had a trading volume of 237,770 shares, compared to its average volume of 722,317. The company has a market capitalization of $4.62 billion, a PE ratio of 17.42 and a beta of 1.54. The company has a current ratio of 1.97, a quick ratio of 0.74 and a debt-to-equity ratio of 1.17. The company’s fifty day moving average price is $70.67 and its two-hundred day moving average price is $76.65. Brunswick has a one year low of $62.64 and a one year high of $96.65.

Analyst Ratings Changes

BC has been the topic of several recent research reports. Roth Mkm reduced their price target on Brunswick from $91.00 to $85.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. Truist Financial dropped their target price on Brunswick from $90.00 to $85.00 and set a “buy” rating on the stock in a report on Tuesday, January 7th. Citigroup dropped their price target on shares of Brunswick from $92.00 to $85.00 and set a “buy” rating on the stock in a research note on Tuesday. DA Davidson reduced their price objective on shares of Brunswick from $80.00 to $60.00 and set a “neutral” rating for the company in a research note on Wednesday, January 22nd. Finally, Benchmark reiterated a “buy” rating and set a $100.00 price target on shares of Brunswick in a report on Friday, October 25th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $82.62.

About Brunswick

Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.