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Callaway Golf earnings beat by $0.08, revenue fell short of estimates

Published May 09, 2024 06:56

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Investing.com - Callaway Golf (NYSE: MODG) reported first quarter EPS of $0.09, $0.08 better than the analyst estimate of $0.01. Revenue for the quarter came in at $1.14B versus the consensus estimate of $1.16B.

Guidance

Callaway Golf sees Q2 2024 revenue of $1.18B-$1.20B versus the analyst consensus of $1.25B.

Callaway Golf sees FY 2024 EPS of $0.31-$0.39 versus the analyst consensus of $0.30.

Callaway Golf sees FY 2024 revenue of $4.44B-$4.48B versus the analyst consensus of $4.53B.

Callaway Golf's stock price closed at $16.36. It is up 18.64% in the last 3 months and down -24.40% in the last 12 months.

Callaway Golf saw 1 positive EPS revisions and 8 negative EPS revisions in the last 90 days. See Callaway Golf's stock price’s past reactions to earnings here.

According to InvestingPro, Callaway Golf's Financial Health score is "fair performance".

Check out Callaway Golf's recent earnings performance, and Callaway Golf's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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