Acushnet Holdings Corp reports results for the quarter ended in June - Earnings Summary

Acushnet Holdings

03/08/2023 14:34

* Acushnet Holdings Corp  GOLF.N  reported quarterly
adjusted
earnings of $1.09​​ per share for the quarter ended in June. The
mean expectation of nine analysts for the quarter was
for earnings of 92 cents per share.
    * Revenue rose 4.7% to $689.36 million from a year ago;
analysts
expected $672.46 million. 
    * Acushnet Holdings Corp's reported EPS for the quarter was
$1.09​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Acushnet Holdings Corp shares had risen by 7.6% this
quarter and
gained 38.6% so far this year.
    * The company reported quarterly net income of $74.66
million.
    * Wall Street's median 12-month price target for Acushnet
Holdings
Corp is $57.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.92           1.09           Beat
 Mar. 31 2023      1.09           1.36           Beat
 Dec. 31 2022      -0.04          0.00           Beat
 Sep. 30 2022      0.58           0.72           Beat