Earnings Preview For Acushnet Hldgs
Portfolio Pulse from Benzinga Insights
Acushnet Hldgs (NYSE:GOLF) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with analysts expecting an EPS of $-0.37. The company's past performance shows a history of beating EPS estimates, which has occasionally led to positive stock price movements the following day. Shares of Acushnet Hldgs have seen a 28.99% increase over the last 52 weeks, indicating a generally positive sentiment among long-term shareholders ahead of the earnings announcement.
February 28, 2024 | 4:01 pm
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Acushnet Hldgs is expected to report an EPS of $-0.37 for the latest quarter. Historical performance shows a tendency to beat estimates, which could influence stock price positively if the trend continues.
Given Acushnet Hldgs's history of beating EPS estimates and the positive stock price reaction that often follows, there is a strong likelihood of a positive short-term impact on the stock price if the company beats the EPS estimate again. Additionally, the overall positive sentiment among long-term shareholders and the 28.99% increase in share price over the last 52 weeks further support the potential for a positive reaction to the earnings report.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100