Investing.com - Brunswick reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Brunswick announced earnings per share of $0.96 on revenue of $965.5M. Analysts polled by Investing.com anticipated EPS of $0.89 on revenue of $1.01B. That with comparison to EPS of $0.99 on revenue of $1.28B in the same period a year before.Brunswick had reported EPS of $0.82 on revenue of $917.6M in the previous quarter.Analysts are expecting EPS of $0.72 and revenue of $897.25M in the upcoming quarter.
Brunswick shares are down 18.77% from the beginning of the year and are trading at $48.72 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.
Brunswick follows other major Consumer Cyclical sector earnings this month
Brunswick's report follows an earnings beat by Tesla on Wednesday, who reported EPS of $1.24 on revenue of $5.99B, compared to forecasts EPS of $-0.25 on revenue of $6.16B.
Volkswagen 10 Pref ADR had missed expectations on Wednesday with first quarter EPS of $0.08 on revenue of $59.75B, compared to forecast for EPS of $0.12 on revenue of $58.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar