Boat and marine manufacturer Brunswick (NYSE:BC) will be reporting results tomorrow before market hours. Here’s what you need to know.

Brunswick missed analysts’ revenue expectations by 6.9% last quarter, reporting revenues of $1.44 billion, down 15.2% year on year. It was a disappointing quarter for the company, with underwhelming earnings guidance for the full year.

Is Brunswick a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Brunswick’s revenue to decline 19% year on year to $1.29 billion, a further deceleration from the 6.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.20 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Brunswick has missed Wall Street’s revenue estimates six times over the last two years.

Looking at Brunswick’s peers in the consumer discretionary segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Nike’s revenues decreased 10.4% year on year, meeting analysts’ expectations, and Scholastic reported revenues up 3.8%, topping estimates by 1.6%. Nike traded down 6.8% following the results while Scholastic was up 6%.

Read our full analysis of Nike’s results here and Scholastic’s results here.

Investors in the consumer discretionary segment have had fairly steady hands going into earnings, with share prices down 1.1% on average over the last month. Brunswick is down 4.8% during the same time and is heading into earnings with an average analyst price target of $88.60 (compared to the current share price of $78.82).

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