Acushnet (GOLF) Tops Q4 EPS by 3c

Acushnet (NYSE: GOLF) reported Q4 EPS of $0.00, $0.03 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $447.4 million versus the consensus estimate of $425.9 million.

GUIDANCE:

Acushnet sees FY2023 revenue of $2.33-2.38 billion, versus the consensus of $2.26 billion.

• The Company provided its full year 2023 Outlook, with expected net sales of $2.33 to $2.38 billion and Adjusted EBITDA of $345 to $365 million. On a constant currency basis, consolidated net sales are expected to be in the range of up 5.0% to up 7.2%.

For earnings history and earnings-related data on Acushnet (GOLF) click here.

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