Acushnet Hldgs Q2 2024 GAAP EPS $1.11 Misses $1.21 Estimate, Sales $683.9M Miss $709.829M Estimate
Portfolio Pulse from Benzinga Newsdesk
Acushnet Holdings (NYSE:GOLF) reported Q2 2024 earnings per share of $1.11, missing the analyst estimate of $1.21 by 8.26%. The company also reported sales of $683.9 million, which fell short of the $709.829 million estimate by 3.65%. This represents a 0.79% decrease from the same period last year.
August 06, 2024 | 10:11 am
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Acushnet Holdings (NYSE:GOLF) reported Q2 2024 earnings per share of $1.11, missing the analyst estimate of $1.21 by 8.26%. The company also reported sales of $683.9 million, which fell short of the $709.829 million estimate by 3.65%. This represents a 0.79% decrease from the same period last year.
The earnings and sales figures both missed analyst estimates, which is likely to negatively impact the stock price in the short term. The miss in earnings per share by 8.26% and sales by 3.65% indicates weaker-than-expected performance.
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