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Brunswick: Q2 Earnings Snapshot
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METTAWA, Ill. (AP) — METTAWA, Ill. (AP) — Brunswick Corp. (BC) on Thursday reported second-quarter net income of $109.8 million.

The Mettawa, Illinois-based company said it had net income of $1.68 per share. Earnings, adjusted for non-recurring gains and to account for discontinued operations, were $1.56 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.

The boat and sporting goods company posted revenue of $1.56 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $1.53 billion.

Brunswick expects full-year earnings in the range of $4.35 to $4.75 per share.

Brunswick shares have climbed slightly more than 8% since the beginning of the year. The stock has climbed 31% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BC at https://www.zacks.com/ap/BC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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