Acushnet Holdings Corp expected to post a loss of 4 cents a share - Earnings Preview

Acushnet Holdings

27/02/2023 19:33

* Acushnet Holdings Corp  GOLF.N   GOLF.K  is expected
to show a
rise in quarterly revenue when it reports  results on March 1. 
    * The Fairhaven Massachusetts-based  company is expected to
report
 a 1.7% increase in revenue to $427.704 million from $420.57
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 4 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"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 $48​, below​ its last closing price of $49.11. ​​​

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 2022  0.59        0.58       0.72      Beat    23.2
 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
 ​​Sep.        0.15        0.15       0.52      Beat    240.2
 30 2021                                                
 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
 This summary was machine generated February 27 at 19:33 GMT. 
All figures in US dollars  unless otherwise stated