Core Insights - Brunswick Corporation (BC) is anticipated to report earnings soon, with favorable conditions suggesting a potential earnings beat [1] - Recent earnings estimate revisions indicate positive trends for BC, as analysts have raised their estimates ahead of the earnings report [1] - The Most Accurate Estimate for BC's current quarter stands at $1.41 per share, exceeding the Zacks Consensus Estimate of $1.36 per share, resulting in a Zacks Earnings ESP of +4.06% [1] Importance of Earnings ESP - A positive Zacks Earnings ESP has historically led to positive surprises and market outperformance, with a 10-year backtest showing nearly 70% of stocks with a positive Earnings ESP and a Zacks Rank 3 or better achieving positive surprises [2] - Stocks with a positive Earnings ESP have averaged over 28% in annual returns, indicating strong investment potential [2] - Given BC's Zacks Rank 3 and positive ESP, it is suggested that investors consider this stock ahead of the earnings report [2]
Should You Buy Burnswick (BC) Ahead of Earnings?