Topgolf Callaway Brands Corp expected to post a loss of 42 cents a share - Earnings Preview

Callaway Golf

21/02/2025 24:03

* Topgolf Callaway Brands Corp  MODG.N   MODG.K  is expected
to show a fall in quarterly revenue when it reports  results on
February 25 for the period ending December 31 2024
    * The Carlsbad California-based  company is expected to
report a
1.4% decrease in revenue to $884.74 million from $897.1 million
a year ago, according to the mean estimate from 11 analysts,
based on LSEG data.The company's guidance on November 12 2024,
for the period ended December 31, was for revenue of $885.000
million.
    * ​LSEG's mean analyst estimate for Topgolf Callaway Brands
Corp
is for a loss of 42 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Topgolf
Callaway
Brands Corp is $12.50​, above​ its last closing price of $7.23.
​​​

The company's guidance on November 12 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD885 million and
USD84 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.16       -0.16      0.02      Beat    112.3
 Jun. 30 2024  0.27        0.27       0.42      Beat    54.4
 Mar. 31 2024  0.02        0.01       0.09      Beat    554.5​
 Dec. 31 2023  -0.34       -0.33      -0.30     Beat    9.6
 ​​Sep.        0.11        0.12       0.20      Beat    71.2
 30 2023                                                
 Jun. 30 2023  0.34        0.34       0.39      Beat    15​
 Mar. 31 2023  0.16        0.16       0.17      Beat    9.3
 Dec. 31 2022  -0.14       -0.16      -0.27     Missed  -68
 This summary was machine generated February 21 at 00:02 GMT. 
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)