Unveiling Brunswick (BC) Q3 Outlook: Wall Street Estimates for Key Metrics
Evaluate the expected performance of Brunswick (BC) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Earnings Preview: Brunswick (BC) Q3 Earnings Expected to Decline
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.
Hertz Energy acquires Lake George antimony project in New Brunswick
Hertz Energy (CSE:HZ, OTCQB:HZLIF) announced that it has acquired the Lake George antimony project in New Brunswick, Canada. This marks the second antimony property acquired by Hertz Energy (CSE:HZ, OTCQB:HZLIF) in the last month after it secured an option to acquire the Harriman antimony property in the Gaspé Region of Québec.
Brunswick: No Confidence On Near-Term Performance, Hold
2Q24 results were disappointing, with total sales falling 15% below guidance, driven by Boat and Propulsion segment declines. The weak demand environment expected to persist, with management revising FY24 EPS guidance downward. Uncertainty in near-term performance, with potential for stock to move up if a rate cut ignites demand recovery or down if demand weakness continues.
Brunswick Corporation (BC) Q2 2024 Earnings Call Transcript
Brunswick Corporation (NYSE:BC ) Q2 2024 Earnings Conference Call July 25, 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 Fred Wightman - Wolfe Research Michael Swartz - Truist Securities Matthew Boss - JPMorgan Megan Alexander - Morgan Stanley Investment Managers Xian Siew - BNP Paribas Asset Management Craig Kennison - Baird Operator Good morning, and welcome to Brunswick Corporation's Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode until the question-and-answer period.
Brunswick Q2: Deeper Temporary Weakness, But A More Attractive Valuation
Brunswick reported Q2 results with a sharper-than-expected earnings decline. The 2024 guidance was also lowered, as Brunswick now expects the industry weakness to persist longer than previously thought. Brunswick's revenues are still outperforming peers, and the company's earnings are resilient overall.
Compared to Estimates, Brunswick (BC) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Brunswick (BC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Brunswick (BC) Q2 Earnings and Revenues Miss Estimates
Brunswick (BC) came out with quarterly earnings of $1.80 per share, missing the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $2.35 per share a year ago.
Earnings Preview: Brunswick (BC) Q2 Earnings Expected to Decline
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.
