The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Brunswick beat slightly on revenues.
Compared to the prior-year quarter, revenue increased and earnings per share contracted.
Margins increased across the board.
Brunswick reported revenue of $789.1 million. The eight analysts polled by S&P Capital IQ predicted revenue of $776.9 million. Sales were 8.3% higher than the prior-year quarter's $728.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at -$0.30. The seven earnings estimates compiled by S&P Capital IQ anticipated -$0.37 per share on the same basis. GAAP EPS were -$0.33 for Q4 versus -$1.18 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 20.5%, 460 basis points better than the prior-year quarter. Operating margin was -1.7%, 600 basis points better than the prior-year quarter. Net margin was -3.8%, 1,050 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $1.01 billion. On the bottom line, the average EPS estimate is $0.51.
Next year's average estimate for revenue is $3.89 billion. The average EPS estimate is $1.44.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 133 members out of 245 rating the stock outperform, and 112 members rating it underperform. Among 87 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 51 give Brunswick a green thumbs-up, and 36 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Brunswick is outperform, with an average price target of $27.67.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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