Acushnet Holdings Corp expected to post earnings of 55  cents a share - Earnings Preview

Acushnet Holdings

31/10/2023 18:52

* Acushnet Holdings Corp  GOLF.N   GOLF.K  is expected
to show a
rise in quarterly revenue when it reports  results on November
2. 
    * The Fairhaven Massachusetts-based  company is expected to
report
 a 1.8% increase in revenue to $568.404 million from $558.25
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Acushnet Holdings
Corp is
for earnings of 55 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 $60​, above​ its last closing price of $51.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.59        0.58       0.72      Beat    23.2
 ​​Jun.        0.75        0.75       0.91      Beat    20.7
 30 2022                                                
 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. 30 2021  0.15        0.15       0.52      Beat    240.2
 This summary was machine generated October 31 at 18:52 GMT.  All
figures in US dollars  unless otherwise stated