Brunswick Exceeds Q2 Earnings and Revenue Forecasts
Brunswick Corporation (NYSE:BC) reported second-quarter results that exceeded Wall Street expectations, with both earnings per share and revenue coming in higher than forecast. The company's performance was driven by strong demand across its marine recreation businesses, including growth in OEM sales, parts and accessories, and recreational boating activity. Adjusted EPS reached $1.56 for the quarter, surpassing estimates of $1.20, while revenue climbed to $1.56 billion—up 8% year-over-year from $1.44 billion. On a GAAP basis, diluted earnings per share rose sharply by 84%, reaching $1.66. Brunswick also raised its full-year guidance for adjusted EPS and revenue following the strong first-half performance. The company now anticipates adjusted diluted EPS in the range of $4.35 to $4.75—above current analyst estimates—and expects total annual revenue between $5.7 billion and $5.8 billion.
Tickers: $BC
Topics: Earnings Beat Full-Year Guidance Upgrade Revenue Growth