Acushnet Holdings Corp expected to post earnings of 16 cents a share - Earnings Preview

Acushnet Holdings

03/11/2021 13:48

* Acushnet Holdings Corp  GOLF.N   GOLF.K  is expected to show a
fall in quarterly revenue when it reports  results on November
4. 
* The Fairhaven, Massachusetts-based company is expected to
report  a 13.7% decrease in revenue to $416.643 million from
$482.93 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Acushnet Holdings Corp
is for earnings of 16 cents per share. For the same quarter last
year, the company reported earnings of 84 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "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 $55​, about 4.4% above​ its last closing price
of $52.58. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.54        0.41       0.84      Beat    104.9
 ​​Jun.        0.15        0.16       0.03      Missed  -81.2
 30 2020                                                
 Mar. 31 2020  0.38        0.37       0.20      Missed  -45.3​
 Dec. 31 2019  0.22        0.23       0.24      Beat    5.5
 Sep. 30 2019  0.29        0.29       0.39      Beat    36.8
 This summary was machine generated November 3 at 13:47 GMT.  All
figures in US dollars unless otherwise stated