Topgolf Callaway Brands (MODG) Reports Q4 Loss, Tops Revenue Estimates
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Topgolf Callaway Brands (MODG) reported a Q4 loss of $0.33 per share, which was better than the Zacks Consensus Estimate of a $0.40 loss. This is a slight increase in loss compared to $0.30 per share a year ago. However, the company exceeded revenue expectations.
February 24, 2025 | 11:45 pm
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Topgolf Callaway Brands reported a Q4 loss of $0.33 per share, better than the expected $0.40 loss, and exceeded revenue estimates. This indicates a positive surprise in earnings performance.
The better-than-expected earnings per share and revenue performance suggest a positive market reaction. Although the loss increased compared to last year, beating estimates is likely to boost investor confidence in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100