The headline numbers for Acushnet (GOLF) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Acushnet (GOLF) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.85 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 September 2024.
GOLF's strong participation trends and new product launches bode well. However, elevated expenses pose concerns.
Inflation and elevated interest rates hurt the Leisure & Recreation Products industry. However, stocks like GOLF, ONON and PTON are better positioned to escape industry challenges.
Although the revenue and EPS for Acushnet (GOLF) give a sense of how its business performed in the quarter ended June 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 quarterly earnings of $1.11 per share, missing the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.09 per share a year ago.
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