Brunswick Now Sees FY22 Adj. EPS, Nets Sales At Low End Of Prior Forecast Range - Update

RTTNews | 1033 hari yang lalu
Brunswick Now Sees FY22 Adj. EPS, Nets Sales At Low End Of Prior Forecast Range - Update

(RTTNews) - While reporting financial results for the third quarter on Thursday, recreation products maker Brunswick Corp. (BC) now expects its adjusted earnings and net sales for the full-year 2022 at the low end of its prior forecast. It also provided outlook for the fourth quarter.

For fiscal 2022, the company now projects adjusted earnings of about $10.00 per share on net sales of about $6.9 billion.

Previously, the company expected adjusted earnings in a range of $10.00 to $10.30 per share on net sales between $6.9 billion and $7.1 billion.

On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $10.21 per share on net sales of $7.0 billion for the year. Analysts' estimates typically exclude special items.

The company also expects fourth-quarter earnings per share growth of more than 30 percent. The Street is looking for earnings of $2.24 per share for the quarter.

read more
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly moved slightly above the flat line in late afternoon trades on Monday, but quickly tumbled again to eventually settle on a weak note.
RTTNews | 2j 6min yang lalu
European Markets Close Weak After Cautious Session

European Markets Close Weak After Cautious Session

European stocks closed on a weak note on Monday after a cautious session as investors awaited key inflation data from major economies in the region, and looked for more details about U.S. - EU trade deal.
RTTNews | 2j 26min yang lalu
U.S. New Home Sales Pull Back From Upwardly Revised Level In July

U.S. New Home Sales Pull Back From Upwardly Revised Level In July

New home sales in the U.S. decreased from an upwardly revised level in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said new home sales fell by 0.6 percent to an annual rate of 652,000 in July after surging by 4.1 percent to an upwardly revised rate of 656,000 in June.
RTTNews | 4j 50min yang lalu
Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares may open on a weak note Monday morning, tracking lower metal prices and European stocks. However, energy stocks may find support on higher oil prices, and help limit market's downside.
RTTNews | 7j 32min yang lalu
Dollar Extends Losses Amidst Powell's Dovish Surprise

Dollar Extends Losses Amidst Powell's Dovish Surprise

A markedly dovish tone in Fed Chair Jerome Powell's speech at the Jackson Hole symposium on Friday weakened the Dollar, resulting in further losses for the currency during the week ended August 22.
RTTNews | 8j 17min yang lalu
German Ifo Business Confidence Strongest Since 2024

German Ifo Business Confidence Strongest Since 2024

German business sentiment hit the highest level in more than two years in August on expectations that the fiscal stimulus would help to kickstart the economic recovery. The business climate index rose to 89.0 in August from 88.6 in the previous month. This was the highest score since April 2024 and also came in above economists' forecast of 88.6. The German economy's recovery remains weak.
RTTNews | 8j 20min yang lalu
CAC 40 Down Nearly 0.6% In Cautious Trade

CAC 40 Down Nearly 0.6% In Cautious Trade

French stocks remain in negative territory on Monday, with investors mostly making cautious moves, looking for some more clarity on U.S. - EU trade deal, and awaiting crucial inflation data from the region.
RTTNews | 8j 54min yang lalu