Brunswick Raises Earnings Guidance - Quick Facts

(RTTNews) - Brunswick Corp. (BC) increased and narrowed the guidance range for full-year expectations of diluted EPS, as adjusted, to $4.65 to $4.70, with consolidated revenue growth of approximately 9 percent.

For the third-quarter, adjusted EPS was $1.28, an increase of 30.6 percent from prior year. Adjusted consolidated net sales increased 15.1 percent, and were up 18.0 percent for the combined marine business.

""Overall, our third quarter operating performance, combined with a lower effective tax rate and fewer shares outstanding, produced a 31 percent increase in diluted earnings per common share, as adjusted, over the prior year," said Brunswick CEO Mark Schwabero.