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

Acushnet Holdings

04/05/2023 14:34

* Acushnet Holdings Corp  GOLF.N  reported quarterly
adjusted
earnings of $1.36​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of $1.09 per share.
    * Revenue rose 13.2% to $686.29 million from a year ago;
analysts
expected $631.12 million. 
    * Acushnet Holdings Corp's reported EPS for the quarter was
$1.36​.
    * The mean earnings estimate of analysts had risen by
about 10.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Acushnet Holdings Corp shares had fallen by 0.5% this
quarter and gained 19.3% so far this year.
    * The company reported quarterly net income of $93.28
million.
    * Wall Street's median 12-month price target for Acushnet
Holdings
Corp is $53.50 
    * 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 May
4 at 01:34 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.09           1.36           Beat
 Dec. 31 2022      -0.04          0.00           Beat
 Sep. 30 2022      0.58           0.72           Beat
 Jun. 30 2022      0.75           0.91           Beat