Although the revenue and EPS for Acushnet (GOLF) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Acushnet (GOLF) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.43 per share a year ago.
Acushnet (GOLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Despite my passion for golf, I maintain Acushnet Holdings as a ‘hold' due to its mixed financial performance and fair valuation. Revenue continues to grow and that looks set to continue, with EBITDA guidance for 2025 also pointing higher. Shares aren't cheap, but they certainly don't look expensive on an absolute basis.
Acushnet Holdings Corp. (NYSE:GOLF ) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Sondra Lennon - Vice President of Financial Planning Analysis and IR David Maher - President and Chief Executive Officer Sean Sullivan - Chief Financial Officer Conference Call Participants Joseph Altobello - Raymond James Megan Clapp - Morgan Stanley Matthew Boss - JPMorgan Michael Swartz - Truist Securities John-Paul Wollam - ROTH Capital Partners Noah Zatzkin - KeyBanc Capital Markets Operator Hello, everyone, and thank you for joining us for today's Acushnet Company 4Q '24 Earnings Call. My name is Drew and I'll be the operator today.
Although the revenue and EPS for Acushnet (GOLF) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Acushnet (GOLF) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to loss of $0.41 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Acushnet (GOLF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Acushnet Holdings Corp. is a leader in the golf industry, focusing on premium products, strong brand strategy, and dedicated golfers, warranting a Buy rating with an $82 target price. The company excels by targeting dedicated golfers, prioritizing product quality, and leveraging endorsements from elite players to build brand prestige and customer loyalty. Robust financial management, solid Q3-FY24 results, and a healthy balance sheet support sustainable GOLF growth, with FY24 revenue expected to grow between 3.2% to 5.3%.
Acushnet (GOLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Acushnet Holdings Corp. (NYSE:GOLF ) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Sondra Lennon - VP of Financial Planning Analysis and IR David Maher - President and CEO Sean Sullivan - CFO Conference Call Participants Matthew Boss - JPMorgan Operator Good morning, everyone, and welcome to today's Acushnet Company 3Q '24 Earnings Call. My name is Drew, and I'll be the moderator for today's call.