NYSE$BC
Brunswick Corp · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Delivered record results driven by outstanding operating performance.
Brunswick Corporation reported a record second quarter with $300 million in adjusted operating earnings, along with record revenue and EPS, demonstrating exceptional performance amidst a challenging macro-economic environment. Consumer demand remained strong, and the company maintained a focus on cost control and operational efficiencies.
- Delivered first ever quarter with $300 million of adjusted operating earnings, record revenue and EPS.
- Propulsion business continues to deliver outstanding results, with record sales, operating earnings, and operating margins.
- Boat business posted robust top-line growth with double-digit operating margins which increased sequentially for the third consecutive quarter.
- Freedom Boat Club continues on its growth trajectory with more than 360 locations and over 50,000 membership agreements.
Headline financials
Revenue & EPS history
Brunswick · Revenue · Quarterly
$1.84B
Revenue by segment
Brunswick · $1.95B total across 3 segments · Q2 2022
- Propulsion$734M+13.0%37.6%
- Engine P&A$652M+18.7%33.3%
- Boat$568M+26.6%29.1%
Forward guidance
Brunswick anticipates net sales between $6.9 billion and $7.1 billion and adjusted diluted EPS in the range of $10.00 - $10.30 for the full year 2022. They also anticipate third quarter 2022 revenue growth of mid-twenties percent over the third quarter of 2021 and EPS between $2.50 and $2.65.
Tailwinds
- Production levels remain on track across all businesses to satisfy retail demand and to rebuild product pipelines over time.
- Exciting new products are coming to market and will be launched in the balance of the year.
- Operational excellence.
- Cost control.
- Focused investment in capacity and ACES technology.
Headwinds
- Increasingly unfavorable foreign currency exchange rates.
- Inflation.
- Remaining supply chain disruptions.
- Freight disruptions.
- Turbulent macro-economic climate
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.2%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+0.4%
Avg return
30 days after
52%
34 / 66 earnings
Positive
+10.8%
Q2 2013
Best reaction
-13.0%
Q3 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | -1.2% | +5.6% | |
| Q4 2025 | -4.4% | +1.9% | -5.4% | |
| Q3 2025 | +8.5% | +8.5% | -1.3% | |
| Q2 2025 | +6.7% | +11.6% | +17.6% | |
| Q1 2025 | +5.7% | +2.4% | +9.9% | |
| Q4 2024 | +1.3% | -1.5% | -10.7% | |
| Q3 2024 | +4.9% | +7.5% | +7.0% | |
| Q2 2024 | +8.8% | +12.9% | +9.6% | |
| Q1 2024 | -5.9% | -6.4% | -7.7% | |
| Q4 2023 | +6.1% | +4.2% | +8.9% | |
| Q3 2023 | -1.0% | +1.0% | +13.8% | |
| Q2 2023 | +0.4% | +2.4% | -2.8% | |
| Q1 2023 | +2.1% | +3.7% | -6.7% | |
| Q4 2022 | +7.2% | +3.2% | +2.6% | |
| Q3 2022 | -0.1% | +0.0% | +1.6% | |
| Q2 2022 | +4.1% | -1.4% | +1.3% | |
| Q1 2022 | +1.4% | +7.3% | +1.5% | |
| Q4 2021 | +3.7% | +5.6% | +7.5% | |
| Q3 2021 | +3.0% | +7.3% | +10.3% | |
| Q2 2021 | +7.2% | +7.5% | +5.6% | |
| Q1 2021 | +1.6% | +6.4% | -3.1% | |
| Q4 2020 | -5.5% | -5.1% | -3.4% | |
| Q3 2020 | -1.1% | +5.7% | +18.3% | |
| Q2 2020 | -7.4% | -5.5% | -14.2% | |
| Q1 2020 | -9.4% | -6.4% | +12.9% | |
| Q4 2019 | -0.1% | -2.7% | -15.5% | |
| Q3 2019 | +2.3% | +3.4% | +0.2% | |
| Q2 2019 | +2.2% | +3.3% | -5.7% | |
| Q1 2019 | -7.4% | -6.0% | -20.6% | |
| Q4 2018 | -4.8% | -1.8% | +5.7% | |
| Q3 2018 | -9.6% | -8.6% | -5.1% | |
| Q2 2018 | -5.3% | -2.4% | -0.7% | |
| Q1 2018 | +2.3% | +4.0% | +8.0% | |
| Q4 2017 | -4.7% | -6.1% | -2.5% | |
| Q3 2017 | -13.0% | -11.9% | -8.6% | |
| Q2 2017 | -5.7% | -7.0% | -11.7% | |
| Q1 2017 | -6.2% | -7.3% | -9.6% | |
| Q4 2016 | +3.6% | +5.4% | +7.0% | |
| Q3 2016 | -7.1% | -8.0% | +6.0% | |
| Q2 2016 | -1.4% | -3.8% | -8.7% | |
| Q1 2016 | -6.4% | — | — | |
| Q4 2015 | -5.5% | — | — | |
| Q3 2015 | +8.1% | — | — | |
| Q2 2015 | +0.0% | — | — | |
| Q1 2015 | -9.2% | — | — | |
| Q4 2014 | +5.2% | — | — | |
| Q3 2014 | +3.7% | — | — | |
| Q2 2014 | +1.1% | — | — | |
| Q1 2014 | -4.2% | — | — | |
| Q4 2013 | +2.6% | — | — | |
| Q3 2013 | +2.7% | — | — | |
| Q2 2013 | +10.8% | — | — | |
| Q1 2013 | +2.8% | — | — | |
| Q4 2012 | +9.6% | — | — | |
| Q3 2012 | +8.5% | — | — | |
| Q2 2012 | -1.6% | — | — | |
| Q1 2012 | +2.4% | — | — | |
| Q4 2009 | +3.9% | — | — | |
| Q4 2011 | +3.9% | — | — | |
| Q3 2010 | -0.8% | — | — | |
| Q3 2011 | -0.8% | — | — | |
| Q2 2011 | -1.1% | — | — | |
| Q4 2010 | -1.1% | — | — | |
| Q2 2010 | -1.4% | — | — | |
| Q1 2011 | -1.4% | — | — | |
| Q1 2010 | -1.4% | — | — |
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