Callaway Golf Company (CALY) is rated a 'strong buy' due to attractive valuation, robust balance sheet, and continued growth post-Topgolf divestiture. CALY's Q2 revenue rose to $612.2M, with net income surging to $75.8M and EBITDA expanding to $124.9M, driven by golf equipment and golf ball market share gains. Management raised 2026 revenue guidance to $2.045–$2.07B and EBITDA to $246–$260M, citing product innovation, margin expansion, and cost savings initiatives.
While the top- and bottom-line numbers for Callaway (CALY) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Callaway Golf (CALY) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.24 per share a year ago.
Here is how Callaway Golf (CALY) and Reservoir Media, Inc. (RSVR) have performed compared to their sector so far this year.
Here is how Callaway Golf (CALY) and Cinemark Holdings (CNK) have performed compared to their sector so far this year.
CF, LTM, INOD, CALY and CMPR have been added to the Zacks Rank #1 (Strong Buy) List on July 8, 2026.
Callaway Golf Company (CALY) Shareholder/Analyst Call Prepared Remarks Transcript
CALY's margin push is lifting profitability and cash generation as new products and a sharper golf focus fuel growth.
Callaway Golf remains a 'Strong Buy' after divesting Topgolf, focusing on golf gear and apparel, and delivering robust Q1 results. CALY reported Q1 revenue of $687.5 million (+9.2% YoY), beating estimates by $36.5 million, with EPS and adjusted EPS also exceeding expectations. Management raised full-year revenue and EBITDA guidance, citing strong U.S. golf demand, operational improvements, and successful new product launches.
Callaway Golf Company (CALY) Q1 2026 Earnings Call Transcript
The headline numbers for Callaway (CALY) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Here is how Callaway Golf (CALY) and Interparfums (IPAR) have performed compared to their sector so far this year.