Golf equipment and apparel company Acushnet (NYSE: GOLF) will be reporting results this Wednesday before the bell. Here’s what to look for.
Acushnet beat analysts’ revenue expectations by 0.6% last quarter, reporting revenues of $720.5 million, up 5.4% year on year. It was a mixed quarter for the company, with a decent beat of analysts’ EBITDA estimates but a miss of analysts’ Titleist Clubs revenue estimates.
Is Acushnet a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Acushnet’s revenue to grow 2.1% year on year to $633.4 million, slowing from the 4.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.86 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Acushnet has missed Wall Street’s revenue estimates three times over the last two years.
Looking at Acushnet’s peers in the consumer discretionary segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Malibu Boats delivered year-on-year revenue growth of 13.5%, beating analysts’ expectations by 4.3%, and Brunswick reported revenues up 6.8%, topping estimates by 8.9%. Malibu Boats traded down 14.6% following the results while Brunswick was up 10.6%.
Read our full analysis of Malibu Boats’s results here and Brunswick’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the consumer discretionary stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.4% on average over the last month. Acushnet is down 5.3% during the same time and is heading into earnings with an average analyst price target of $75.86 (compared to the current share price of $76.62).
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