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

Acushnet Holdings

03/11/2022 13:32

* Acushnet Holdings Corp  GOLF.N  reported quarterly
adjusted
earnings of 72 cents​​ per share for the quarter ended in
September. The mean expectation of eight analysts for the
quarter was for earnings of 58 cents per share.
    * Revenue rose 7% to $558.25 million from a year ago;
analysts
expected $512.69 million. 
    * Acushnet Holdings Corp's reported EPS for the quarter was
72
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Acushnet Holdings Corp shares had risen by 2.6% this
quarter and
lost 15.9% so far this year.
    * The company reported quarterly net income of $51.84
million.
    * Wall Street's median 12-month price target for Acushnet
Holdings
Corp is $50.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.58           0.72           Beat
 Jun. 30 2022      0.75           0.91           Beat
 Mar. 31 2022      0.80           1.10           Beat
 Dec. 31 2021      -0.29          -0.36          Missed