BC - Brunswick Falls Over 2% After Q1 Earnings - Here's Why | Benzinga
Brunswick Corporation (NYSE:BC) shares are trading lower in the premarket session on Thursday.
The company reported first-quarter adjusted earnings per share of $1.35, which is in line with the street view—quarterly revenues of $1.365 billion, which is also in line with the analyst consensus.
First-quarter sales were below the prior year by 22% due to the impact of continued measured wholesale ordering by dealers and OEMs, coupled with higher discounts in some business segments.
Operating earnings were down by 53% ...