Acushnet Holdings Expects FY24 Consolidated Net Sales Of $2.45B-$2.50B Vs. 2.46B Estimate, Adjusted EBITDA Is Expected To Be Approximately $385M-$405M
Portfolio Pulse from Benzinga Newsdesk
Acushnet Holdings forecasts FY24 consolidated net sales to be between $2.45B and $2.50B, closely aligning with the $2.46B estimate. The company also anticipates its adjusted EBITDA to range from $385M to $405M.
February 29, 2024 | 11:17 am
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Acushnet Holdings, trading as GOLF, forecasts FY24 net sales of $2.45B-$2.50B, aligning with estimates, and adjusted EBITDA of $385M-$405M.
The forecasted sales and EBITDA figures are in line with market expectations, indicating a stable financial outlook for Acushnet Holdings. This alignment with estimates typically has a positive impact on investor sentiment, as it suggests the company is performing as expected without negative surprises. Given the specificity of the forecast and its close alignment with estimates, it's likely to be viewed positively by the market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100