Topgolf Callaway Brands Corp reports results for the quarter ended December 31 - Earnings Summary

Callaway Golf

25/02/2025 01:00

* Topgolf Callaway Brands Corp  MODG.N  reported a quarterly
adjusted loss of 33 cents​​ per share for the quarter ended
December 31, lower than the same quarter last year, when the
company reported EPS of -30 cents.  The mean expectation of
twelve analysts for the quarter was for a loss of 42 cents per
share. Wall Street expected results to range from -48 cents
to -23 cents per share.
    * Revenue rose 3% to $924.40 million from a year ago;
analysts
expected $884.48 million. 
    * Topgolf Callaway Brands Corp's reported EPS for the
quarter was
a loss of $8.23​.
    * The company reported a quarterly loss of $1.51 billion.
    * Topgolf Callaway Brands Corp shares had fallen by 10.8%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
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 "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the recreational
products peer group is  "hold."

Wall Street's median 12-month price target for Topgolf Callaway
Brands Corp is $13.00 
This summary was machine generated from LSEG data February 25 at
01:00 a.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
 Dec. 31 2024      -0.42          -0.33          Beat
 Sep. 30 2024      -0.16          0.02           Beat
 Jun. 30 2024      0.27           0.42           Beat
 Mar. 31 2024      0.01           0.09           Beat