Acushnet Holdings Corp expected to post earnings of 80  cents a share - Earnings Preview

Acushnet Holdings

03/05/2022 17:55

* Acushnet Holdings Corp  GOLF.N   GOLF.K  is expected
to show a
fall in quarterly revenue when it reports  results on May 5. 
    * The Fairhaven Massachusetts-based  company is expected to
report
 a 1.7% decrease in revenue to $571.169 million from $580.89
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Acushnet Holdings
Corp is
for earnings of 80 cents per share. For the same quarter last
year, the company reported earnings of $1.13 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 had risen by
about 2.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Acushnet
Holdings
Corp is $52​, above​ its last closing price of $42.35. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.29       -0.29      -0.36     Missed  -25.6
 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.        0.13        0.13       0.29      Beat    120.7
 31 2020                                                
 Sep. 30 2020  0.54        0.41       0.84      Beat    104.9​
 Jun. 30 2020  0.15        0.16       0.03      Missed  -81.2
 Mar. 31 2020  0.38        0.37       0.20      Missed  -45.3
 This summary was machine generated May 3 at 16:55 GMT.  All
figures in US dollars  unless otherwise stated