NYSE:GOLF - New York Stock Exchange, Inc. - US0050981085 - Common Stock - Currency: USD
While profitability is essential, it doesn’t guarantee long-term success. Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
Acushnet (GOLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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A company that generates cash isn’t automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Acushnet Holdings Corp. forecast net sales that missed analyst estimates as the owner of golf brands Titleist and FootJoy flagged a $35 million hit from currency conversions.
Golf equipment and apparel company Acushnet (NYSE:GOLF) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 7.8% year on year to $445.2 million. The company’s full-year revenue guidance of $2.51 billion at the midpoint came in 1.3% below analysts’ estimates. Its GAAP loss of $0.02 per share was 93.9% above analysts’ consensus estimates.
Golf equipment and apparel company Acushnet (NYSE:GOLF) will be announcing earnings results tomorrow before market hours. Here’s what to look for.
Shares of golf equipment and apparel company Acushnet (NYSE:GOLF) jumped 10% in the morning session after the S&P Dow Jones Indices announced that the company would be added to the S&P SmallCap 600 index before the opening of trading on Thursday, February 13, 2025. Being included in the index means that Acushnet will likely be held by many mutual funds and ETFs, which could potentially drive up demand for the stock.