Topgolf Callaway (NYSE:MODG) Reports Sales Below Analyst Estimates In Q1 Earnings, Stock Drops [Yahoo! Finance]
Topgolf Callaway Brands Corp. (MODG)
Company Research
Source: Yahoo! Finance
Next quarter's revenue guidance of $1.19 billion also underwhelmed, coming in 5.1% below analysts' estimates. It made a non-GAAP profit of $0.09 per share, down from its profit of $0.16 per share in the same quarter last year. Is now the time to buy Topgolf Callaway? Find out in our full research report Topgolf Callaway (MODG) Q1 CY2024 Highlights: Revenue: $1.14 billion vs analyst estimates of $1.16 billion (1.1% miss) EPS (non-GAAP): $0.09 vs analyst estimates of $0.01 ($0.08 beat) Revenue Guidance for Q2 CY2024 is $1.19 billion at the midpoint, below analyst estimates of $1.25 billion The company dropped its revenue guidance for the full year from $4.54 billion to $4.46 billion at the midpoint, a 1.8% decrease Gross Margin (GAAP): 63.9%, up from 32.2% in the same quarter last year Free Cash Flow was -$138.7 million, down from $43.7 million in the previous quarter Market Capitalization: $3.06 billion "We are pleased with our overall first quarter results with con
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MODG
Earnings
- 5/8/24 - Beat
MODG
Sec Filings
- 5/14/24 - Form 4
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- MODG's page on the SEC website