Acushnet Holdings Corp expected to post a loss of 29  cents a share - Earnings Preview

Acushnet Holdings

25/02/2022 16:17

* Acushnet Holdings Corp  GOLF.N   GOLF.K  is expected
to show a
fall in quarterly revenue when it reports  results on March 1. 
    * The Fairhaven Massachusetts-based  company is expected to
report
 a 9.5% decrease in revenue to $380.647 million from $420.49
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Acushnet Holdings
Corp is
for a loss of 29 cents per share. For the same quarter last
year, the company reported earnings of 29 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Acushnet
Holdings
Corp is $56​, about 23% above​ its last closing price
of $43.14. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.15        0.15       0.52      Beat    240.2
 Jun. 30 2021  0.77        0.76       1.08      Beat    41.3
 Mar. 31 2021  0.64        0.63       1.13      Beat    79​
 Dec. 31 2020  0.13        0.13       0.29      Beat    120.7
 ​​Sep.        0.54        0.41       0.84      Beat    104.9
 30 2020                                                
 Jun. 30 2020  0.15        0.16       0.03      Missed  -81.2​
 Mar. 31 2020  0.38        0.37       0.20      Missed  -45.3
 Dec. 31 2019  0.22        0.23       0.24      Beat    5.5
 This summary was machine generated February 25 at 16:16 GMT. 
All figures in US dollars  unless otherwise stated