Topgolf Callaway Brands (MODG) Tops Q3 Earnings and Revenue Estimates
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Topgolf Callaway Brands (MODG) reported Q3 earnings of $0.02 per share, surpassing the Zacks Consensus Estimate of a loss of $0.18 per share. This is a decrease from $0.20 per share a year ago.
November 13, 2024 | 12:00 am
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Topgolf Callaway Brands (MODG) exceeded Q3 earnings expectations with $0.02 per share, against an anticipated loss of $0.18, though down from $0.20 a year ago.
The positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in MODG's stock price. However, the year-over-year decline in earnings per share may temper some of the enthusiasm.
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