Acushnet Hldgs Q3 EPS $0.85 Beats $0.53 Estimate, Sales $593.40M Beat $565.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
Acushnet Hldgs (NYSE:GOLF) reported Q3 earnings of $0.85 per share, beating the analyst consensus estimate of $0.53 by 60.38 percent. This is an 18.06 percent increase from the same period last year. The company also reported quarterly sales of $593.40 million, beating the analyst consensus estimate of $565.28 million by 4.97 percent, a 6.30 percent increase from the same period last year.
November 02, 2023 | 10:10 am
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POSITIVE IMPACT
Acushnet Hldgs reported strong Q3 earnings and sales, beating analyst estimates. This positive financial performance could potentially lead to a short-term increase in the company's stock price.
Acushnet Hldgs reported a significant beat on both earnings per share and sales for Q3. This strong financial performance indicates the company is performing well, which could increase investor confidence and potentially lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100