Brunswick: 3Q Earnings Snapshot

Brunswick: 3Q Earnings Snapshot

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METTAWA, Ill. (AP) _ Brunswick Corp. (BC) on Thursday reported third-quarter earnings of $70 million.

On a per-share basis, the Mettawa, Illinois-based company said it had net income of 80 cents. Earnings, adjusted for one-time gains and costs, were $1.28 per share.

The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.

The boat and sporting goods company posted revenue of $1.3 billion in the period, also topping Street forecasts. Ten analysts surveyed by Zacks expected $1.26 billion.

Brunswick shares have increased slightly more than 1 percent since the beginning of the year. The stock has decreased 3.5 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BC at https://www.zacks.com/ap/BC

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