* Topgolf Callaway Brands Corp reported quarterly adjusted earnings of 2 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of thirteen analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -22 cents to -7 cents per share.
* Revenue fell 2.7% to $1.01 billion from a year ago; analysts expected $983.03 million.
* Topgolf Callaway Brands Corp's reported EPS for the quarter was a loss of 2 cents.
* The company reported a quarterly loss of $3.6 million.
* Topgolf Callaway Brands Corp shares had fallen by 14.0% this quarter and lost 34.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 5.5% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 7 "hold" and 2 "sell" or "strong sell."
* The average consensus recommendation for the recreational products peer group is also "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 November 13 at 02:26 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
Sep. 30 2024 -0.16 0.02 Beat
Jun. 30 2024 0.27 0.42 Beat
Mar. 31 2024 0.01 0.09 Beat
Dec. 31 2023 -0.33 -0.30 Beat
Comments