Acushnet Holdings Corp reports results for the quarter ended June 30 - Earnings Summary
Acushnet Holdings Corp reports results for the quarter ended June 30 - Earnings Summary
Acushnet Holdings Corp GOLF.N reported quarterly adjusted earnings of $2.08 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.25. The mean expectation of eight analysts for the quarter was for earnings of $1.63 per share. Wall Street expected results to range from $1.52 to $1.70 per share.
Revenue rose 13.8% to $819.95 million from a year ago; analysts expected $788.24 million.
Acushnet Holdings Corp's reported EPS for the quarter was $2.08.
The company reported quarterly net income of $124.83 million.
Acushnet Holdings Corp shares had fallen by 13.0% this quarter and gained 29.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.3% 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 no "strong buy" or "buy," 7 "hold" and no "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 $98.50, about 4.7% below its last closing price of $103.15
This summary was machine generated from LSEG data August 6 at 01:32 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.63 | 2.08 | Beat |
Mar. 31 2026 | 1.41 | 1.36 | Missed |
Dec. 31 2025 | -0.29 | -0.30 | Missed |
Sep. 30 2025 | 0.85 | 0.81 | Missed |
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See all newsAcushnet Holdings Corp reports results for the quarter ended June 30 - Earnings Summary
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