Brunswick Corporation (NYSE:BC) reported first-quarter results on Thursday that exceeded analyst forecasts, although its second-quarter guidance came in below expectations.
Shares edged up 1.06% in premarket trading following the mixed update.
The company posted adjusted earnings per share of $0.70, beating the $0.46 consensus estimate by $0.24.
Revenue rose to $1.38 billion, up 12.8% from $1.22 billion a year earlier and ahead of the $1.32 billion forecast.
However, Brunswick’s outlook for the second quarter disappointed investors. The company expects revenue between $1.45 billion and $1.55 billion, with a midpoint of $1.50 billion below the $1.55 billion consensus estimate. Adjusted EPS is projected in a range of $1.10 to $1.20, also under the $1.52 consensus, with a midpoint of $1.15.
“Brunswick delivered an excellent start to 2026, building on the market recovery in the second half of last year, with first quarter results ahead of expectations and prior year despite the dynamic geopolitical and tariff environment,” said CEO David Foulkes.
He added that global boat retail unit sales were roughly flat compared with the first quarter of 2025, marking a third straight quarter of improved relative performance.
For full-year 2026, the company raised its adjusted EPS guidance to between $4.00 and $4.50, with a midpoint of $4.25 slightly above the $4.20 consensus estimate.
Brunswick expects full-year revenue in the range of $5.65 billion to $5.8 billion, broadly in line with forecasts, with a midpoint of $5.73 billion.
Segment performance was led by the Propulsion business, where sales increased 17%, while Engine Parts and Accessories revenue rose 14%.
Adjusted operating margin improved slightly to 6.0%, up from 5.9% in the same quarter last year.