Brunswick Q3 adjusted EPS beats on high-horsepower outboard applications growth

By Reuters News


Overview

  • Marine recreation firm's Q3 sales rose 6.9% but slightly missed analyst expectations

  • Adjusted EPS for Q3 rose 62.9% and beat analyst expectations

  • Company cited sales growth across all segments and margin expansion despite inflation and higher borrowing costs


Outlook

  • Brunswick sees 2026 net sales between $5.7 bln and $5.8 bln

  • Company expects 2026 adjusted diluted EPS of about $4.65

  • Company says consumer sentiment remains pressured by inflation, borrowing costs, and global uncertainty


Result Drivers

  • HEALTHY BOATING PARTICIPATION - Co said strong boating participation supported demand for parts, accessories, aftermarket and subscription businesses

  • OEM DEMAND & HIGH-HORSEPOWER GROWTH - Propulsion segment sales rose on steady OEM demand and growth in high-horsepower outboard applications

  • OEM WINS & NEW PRODUCTS - Navico Group segment sales grew on OEM wins, steady aftermarket performance and new product launches


Company press release: Full Story


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

Slight Miss*

$1.45 bln

$1.46 bln (15 Analysts)

Q3 Adjusted EPS

Beat

$1.58

$1.35 (16 Analysts)

Q3 EPS

$1.01

*Applies to a deviation of less than 1%; not applicable for per-share numbers.


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the recreational products peer group is "buy"

  • Wall Street's median 12-month price target for Brunswick Corp is $90.00, about 30.7% above its October 28 closing price of $68.85

  • The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 17 three months ago


Reuters Recommended Reads

  • Oct 27 - Polaris Q3 sales beat estimates on powersports, marine strength, raises adjusted EPS outlook

  • Oct 26 - Whirlpool Q3 sales, adjusted EPS miss estimates on weak appliance demand

  • Oct 28 - Meritage Homes Q3 adjusted EPS falls more than expected as higher mortgage rates hurt orders


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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