Acushnet Holdings Corp expected to post a loss of 37 cents a share - Earnings Preview

Acushnet Holdings

27/02/2024 16:08

* Acushnet Holdings Corp  GOLF.N   GOLF.K  is expected
to show a
fall in quarterly revenue when it reports  results on February
29 for the period ending December 31 2023
    * The Fairhaven Massachusetts-based  company is expected to
report
a 3.9% decrease in revenue to $430.133 million from $447.4
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Acushnet Holdings Corp
is for
a loss of 37 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $65.00​, below​ its last closing price of $69.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.55        0.55       0.85      Beat    55.6
 Jun. 30 2023  0.92        0.92       1.09      Beat    18.2
 Mar. 31 2023  1.10        1.09       1.36      Beat    24.3​
 Dec. 31 2022  -0.05       -0.04      0.00      Beat    100
 ​​Sep.        0.59        0.58       0.72      Beat    23.2
 30 2022                                                
 Jun. 30 2022  0.75        0.75       0.91      Beat    20.7​
 Mar. 31 2022  0.82        0.80       1.10      Beat    37.7
 Dec. 31 2021  -0.29       -0.29      -0.36     Missed  -25.6
 This summary was machine generated February 27 at 16:08 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)