Market Overview

Recap: Callaway Golf Q3 Earnings

Share:

Shares of Callaway Golf (NYSE:ELY) rose 1.13% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 66.67% over the past year to $0.60, which beat the estimate of $0.38.

Revenue of $475,559,000 up by 11.58% year over year, which beat the estimate of $451,300,000.

Looking Ahead

Callaway Golf hasn't issued any earnings guidance for the time being.

Callaway Golf hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Nov 09, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/kiym2c43

Technicals

Company's 52-week high was at $22.33

52-week low: $4.75

Price action over last quarter: Up 1.95%

Company Profile

Callaway Golf Co manufactures golf clubs. It sells its line of Big Bertha, Great Big Bertha, and Biggest Big Bertha oversized metal woods and conventional-style metal woods, irons, wedges, and putters. These clubs, as well as those marketed under other trademarks, are sold at premium prices through retailers of professional-quality golf clubs in the United States and overseas. Sales of metal woods account for approximately 60% of the company's total sales. Foreign sales account for about 45% of Callaway Golf's total sales.

 

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Posted-In: Earnings