Revenue Update on Brunswick Corporation(NYSE:BC)

Brunswick Corporation(NYSE:BC) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $1.24B. Analysts estimated a revenue of $1.25B. Earnings per share were $1.19. Analysts had estimated an EPS of $1.18.

Brunswick Corporation (BC) made into the market gainers list on Thursdays trading session with the shares advancing 0.54% or 0.26 points. Due to strong positive momentum, the stock ended at $48.83, which is also near the day’s high of $49.47. The stock began the session at $48.68 and the volume stood at 8,26,808 shares. The 52-week high of the shares is $55.76 and the 52 week low is $36.05. The company has a current market capitalization of $4,426 M and it has 9,06,30,895 shares in outstanding.

Brunswick Corporation has also declared a cash dividend of $0.1500 on Jul 19, 2016. The shares will quote ex-dividend on Aug 19, 2016 and the record date has been fixed on Aug 23, 2016. The dividend payable date has been fixed on Sep 15, 2016.

Several Insider Transactions has been reported to the SEC. On Jul 18, 2016, William Metzger (SR. VICE PRESIDENT AND CFO) sold 19,051 shares at $49.52 per share price.Also, On Jun 1, 2016, John C Pfeifer (PRES MERCURY MARINE) sold 1,519 shares at $47.69 per share price.On Mar 2, 2016, B Russell Lockridge (VP & CHIEF HUMAN RES OFFICER) sold 11,528 shares at $43.01 per share price, according to the Form-4 filing with the securities and exchange commission.

Brunswick Corporation (Brunswick) is a designer manufacturer and marketer of recreation products including marine engines boats fitness and billiards equipment. The Company operates in three segments: Marine Engine Boat and Fitness. Brunswick’s engine-related products include outboard sterndrive and inboard engines; trolling motors; propellers; engine control systems and marine parts and accessories. Its boat offerings include fiberglass pleasure boats; luxury yachts yachts and sport yachts; offshore fishing boats; aluminum fishing boats; pontoon boats; deck boats and inflatable boats. Its Fitness segment consists of Life Fitness division (Life Fitness) which designs manufactures and markets a line of cardiovascular fitness equipment including treadmills total body cross-trainers stair climbers and stationary exercise bicycles and strength-training equipment under the Life Fitness Cybex and Hammer Strength brands.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Brunswick Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Brunswick Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.