BUZZ-Brunswick up after Q4 sales, profit beat

Reuters
01-31
BUZZ-Brunswick up after Q4 sales, profit beat

** Shares of boat manufacturer Brunswick BC.N rise as much as 7.7% to $73.46

** Co beat Q4 revenue and profit estimates on strong sales for its boats in the U.S. and price hikes, despite decreased production levels

** Reports Q4 sales of $1.16 billion, above Street consensus of $1.05 billion, and adjusted EPS of 24 cents vs estimates of 21 cents

** Also sees annual net sales between $5.2 billion and $5.6 billion vs estimates of $5.28 billion, and adj EPS in the range of $3.50 to $5.00, compared with estimates of $5.11

** BC fell~33% in 2024

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com))

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