Brunswick: Still No Signs Of Demand Recovery
My hold rating on Brunswick Corporation remains due to unclear growth recovery and worsening near-term outlook, despite some positive signals from boat shows. 4Q24 results showed significant demand weakness, with revenue down 15.2% y/y and deteriorating margins, indicating ongoing challenges in the US marine market. 1Q25 guidance predicts a 16% y/y revenue decline and margin compression, with tariffs and FX headwinds exacerbating the difficult environment.
Brunswick Corporation (BC) Q4 2024 Earnings Call Transcript
Brunswick Corporation (NYSE:BC ) Q4 2024 Earnings Conference Call January 30, 2025 11:00 AM ET Company Participants Neha Clark - Senior Vice President, Enterprise Finance Dave Foulkes - Chief Executive Officer Ryan Gwillim - Chief Financial Officer Conference Call Participants Craig Kennison - Baird Mike Swartz - Truist Securities Fred Wightman - Wolfe Research James Hardiman - Citi Megan Clapp - Morgan Stanley Joe Altobello - Raymond James Noah Zatzkin - Keybanc Capital Markets Xian Siew - BNP Paribas Jamie Katz - Morningstar Operator Good morning. Welcome to Brunswick Corporation's Fourth Quarter and Full Year 2024 Earnings Conference Call.
Compared to Estimates, Brunswick (BC) Q4 Earnings: A Look at Key Metrics
The headline numbers for Brunswick (BC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Brunswick (BC) Q4 Earnings and Revenues Beat Estimates
Brunswick (BC) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $1.45 per share a year ago.
Analysts Estimate Brunswick (BC) to Report a Decline in Earnings: What to Look Out for
Brunswick (BC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Brunswick Remains A Valid Prospect Even In Light Of Meaningful Underperformance
Despite Brunswick Corporation's recent underperformance and operational weakening, shares remain attractively priced, justifying a soft 'buy' rating due to potential future gains. High interest rates and inflation have hurt demand, leading to significant revenue and profit declines across Brunswick's segments, particularly in volume. Management has lowered 2024 revenue and earnings forecasts, yet sees value in share buybacks, indicating confidence in the company's prospects.
Here's Why Investors Should Retain Brunswick Stock for Now
BC's emphasis on digital marketing strategies bodes well. However, cautious dealer ordering and elevated discounting are a concern.
3 Dividends With More than 5% Yields to Buy in November
Are you familiar with the term “shareholder yield?
Brunswick Corporation: Valuation Is Pricing A Recovery Next Year
I maintain a hold rating for Brunswick Corporation due to the lack of demand recovery and weak market conditions. 3Q24 results were disappointing, with revenue and EPS falling below consensus estimates, driven by significant declines in boat and propulsion segments. The FY25 EPS guide is conservative, but the market is pricing in a recovery that may not materialize, posing downside risks.
Brunswick Corporation (BC) Q3 2024 Earnings Call Transcript
Brunswick Corporation (NYSE:BC ) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants Neha Clark - Senior Vice President, Enterprise Finance Dave Foulkes - Chief Executive Officer Ryan Gwillim - Chief Financial Officer Conference Call Participants Matthew Boss - JPMorgan James Hardiman - Citi Megan Alexander - Morgan Stanley Fred Wightman - Wolfe Research Craig Kennison - Baird Mike Swartz - Truist Securities Xian Siew - BNP Paribas Joe Altobello - Raymond James Operator Good morning, welcome to Brunswick Corporation's Third Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode until the question and answer period.
Brunswick (BC) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Brunswick (BC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Brunswick (BC) Misses Q3 Earnings Estimates
Brunswick (BC) came out with quarterly earnings of $1.17 per share, missing the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $2.42 per share a year ago.
