UPDATE: Brunswick (BC) Guides FY16 EPS Below Expectations - Conf. Call

(Updated - March 3, 2015 2:35 PM EST)

Brunswick (NYSE: BC) sees FY16 EPS of $3.00-$3.40, according to supplemental Raymond James conference information. This compares to the consensus of $3.50.

2014 to 2016 Financial Targets

• Revenue growth at 5 percent to 7 percent CAGR
• Operating earnings leverage of 20 percent to 25 percent*
• Operating margin of 10 percent to 11 percent in 2016
• Earnings before taxes growth at 15 percent to 20 percent CAGR*
• EPS of $3.00 to $3.40 in 2016 (with a normalized tax rate)
• Strong free cash flow

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