earnings
confidence high
sentiment positive
materiality 0.75
Brunswick Q3 record: adj. EPS $2.07 beats; raises FY guidance to ~$8.15
BRUNSWICK CORP
2021-Q3 EPS reported
$6.26
revenue$4,415,200,000
- Q3 GAAP diluted EPS $1.85 (+8.2% YoY); adjusted diluted EPS $2.07 (+15% YoY).
- Revenue $1.427B (+15.7% YoY); propulsion sales +19%, parts & accessories +7%, boats +22%.
- Updated FY2021 guidance: adjusted EPS ~$8.15, net sales ~$5.8B, free cash flow >$425M.
- Acquired RELiON Battery and SemahTronix in Q3; Navico acquisition closed in early Q4.
- Mercury gained 310 bps of U.S. retail market share over two years; Freedom Boat Club ~320 locations.