Brunswick Co's Q2 earnings missed estimates, with a 15.2% revenue decline and a 9.1% decrease in Mesirow's shareholding.
Brunswick Co (NYSE:BC) saw a 9.1% decrease in shareholding by Mesirow in Q2, while other institutional investors increased their stakes. The company reported Q2 earnings of $1.80 per share, missing estimates by $0.10, with revenue down 15.2% to $1.44 billion. Brunswick declared a quarterly dividend of $0.42 per share. Analysts rate the stock as a "Moderate Buy" with a price target of $88.21. 99.34% of shares are held by institutional investors.
September 04, 2024
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