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GOLF — Acushnet Holdings News Story

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Acushnet Holdings Corp reports results for the quarter ended June 30 - Earnings Summary

Acushnet Holdings Corp GOLF.N reported quarterly adjusted earnings of $1.25​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.11.  The mean expectation of six analysts for the quarter was for earnings of $1.31 per share. Wall Street expected results to range from $1.26  to $1.35 per share.

Revenue rose 5.4% to $720.48 million from a year ago; analysts expected $719.17 million.

Acushnet Holdings Corp's reported EPS for the quarter was $1.25​.

The company reported quarterly net income of $75.56 million.

Acushnet Holdings Corp shares had risen by 9.4% this quarter and gained 12.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the recreational products peer group is  "buy."

Wall Street's median 12-month price target for Acushnet Holdings Corp is $75.00, about 6.3% below its last closing price of $79.70

This summary was machine generated from LSEG data August 7 at 04:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.311.25Missed
Mar. 31 20251.311.62Beat
Dec. 31 2024-0.33-0.02Beat
Sep. 30 20240.790.89Beat

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