Brunswick Corporation (NYSE: BC) saw its stock soar 6.52% in pre-market trading on Thursday, following the release of its fourth-quarter 2024 financial results that surpassed market expectations.
The marine recreation company reported adjusted earnings per share of $0.24 for the fourth quarter, beating the consensus estimate of $0.21 from analysts polled by IBES. Additionally, Brunswick's quarterly sales of $1.154 billion exceeded the IBES estimate of $1.051 billion, driven by strong demand for its boats and marine products.
Brunswick's solid fourth-quarter performance, coupled with its positive outlook for 2025, fueled investor optimism and drove the stock's significant pre-market surge. The company expects full-year 2025 earnings to range between $3.50 and $5.00 per share, with revenue projections of $5.2 billion to $5.6 billion, further boosting market confidence in Brunswick's growth prospects.
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