Brunswick Corporation (NYSE: BC) reported fourth-quarter earnings that slightly exceeded expectations and revenue that significantly surpassed forecasts, though shares fell more than 5% intraday.

The company posted adjusted earnings per share of $0.58, narrowly beating the consensus estimate of $0.57. Revenue totaled $1.33 billion, roughly 10% above analyst expectations of $1.21 billion.

Despite the top-line outperformance, the stock reaction suggested that investors had already priced in the stronger results.

Brunswick also outlined its long-term financial outlook through fiscal 2026. The company projected earnings per share between $3.80 and $4.40, with the midpoint of $4.10 modestly below the analyst consensus of $4.19. Revenue was expected to range from $5.6 billion to $5.8 billion, with the midpoint exceeding consensus expectations of $5.54 billion.

Management's outlook reflected confidence in revenue growth while maintaining a more cautious stance on earnings over the longer term.