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

Acushnet Holdings

05/05/2022 14:32

* Acushnet Holdings Corp  GOLF.N  reported quarterly
adjusted
earnings of $1.10​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 80 cents per share.
    * Revenue rose 4.3% to $606.09 million from a year ago; 
analysts
expected $571.17 million. 
    * Acushnet Holdings Corp's reported EPS for the quarter was
$1.10​.
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Acushnet Holdings Corp shares had risen by 7.2% this
quarter and
lost 18.7% so far this year.
    * The company reported quarterly net income of $81.05
million.
    * Wall Street's median 12-month price target for Acushnet
Holdings
Corp is $52.00 
    * 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." 

This summary was machine generated May 5 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated