Brunswick BC reported its Q4 earnings results on Thursday, January 27, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
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Earnings
Brunswick beat estimated earnings by 6.67%, reporting an EPS of $1.44 versus an estimate of $1.35, which did not surprise analysts.
Revenue was up $270.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12, which was followed by a 0.76% drop in the share price the next day.
Here's a look at Brunswick's past performance:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 1.95 | 2.14 | 1.46 | 1.02 |
EPS Actual | 2.07 | 2.52 | 2.24 | 1.32 |
Revenue Estimate | 1.42B | 1.50B | 1.21B | 1.05B |
Revenue Actual | 1.43B | 1.55B | 1.43B | 1.16B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Brunswick management provided guidance for their next quarter, expecting earnings between $9.6 and $10.25 per share for the next quarter.
This represents a 589.24% in quarter-over-quarter growth for Brunswick, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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