Home Markets Earnings Estimate Forecast on Callaway Golf Company(ELY)

Earnings Estimate Forecast on Callaway Golf Company(ELY)


Callaway Golf Company(ELY): For the most recent quarter end, Callaway Golf Company reported Annual Earnings of $-0.18. Based on the filings, last years Annual Earnings was, $0.51. For the most recent quarter end, ELY reported a surprise Earnings per Share of -5.88% . The consensus estimate for current quarter is $0.21 and for the current fiscal year, the estimate is $0.25. For the Next fiscal year, the estimate is $0.35 based on the consensus. Carlsbad based Callaway Golf Company Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 26, 2017.

Callaway Golf Company has received $0.21 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 8 Financial Advisor in the Stock Trading Firms. Among 8 Analysts, Bottom line EPS Estimate for the current quarter is $0.18 while the top line estimate is $0.24 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -47.19%. Callaway Golf Company results fell short with a surprise EPS of -5.88% or $-0.01. The Actual EPS was $-0.18 compared to the Estimated EPS of $-0.17 during its most recent quarterly earnings. According to the corporate earnings calendar, Callaway Golf Company will release next earnings on Apr 26, 2017 with an estimated EPS consensus of $0.21. Based on the consensus of stock financial advisors the stock has a price target of $13.6. Current year estimate on EPS consensus is $0.25. The Estimated EPS rate for Long term growth is $5.

Callaway Golf Company has a Price to Earnings ratio of 20.23 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.63. For the Most Recent Fiscal Year, Callaway Golf Company has a price to cash ratio of 15.12. For the Trailing twelve month period, company showed a Net Profit Margin of 21.8% and Return on Equity of the stock is 9.93%.

Callaway Golf Company last declared its Dividend on Nov 28, 2016. For Dividend Investing Stock Market Traders Callaway Golf Company has a Dividend Yield of 0.38% with an Annual Dividend of $0.04. It has a Payout Ratio of 0.08 and the change in Dividend payout ratio is -0.16.

Callaway Golf Co Last issued its quarterly earnings results on Feb 2, 2017. The company reported $-0.18 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $-0.17. The company had revenue of $164.00 million for the quarter, compared to analysts expectations of $170.74 million. The companys revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.29 EPS.

Company has reported several Insider transactions to the SEC, on Feb 5, 2016, Brian P. Lynch (SVP, G.C. & Corp Secretary) sold 16,584 shares at 9.52 per share price.On Apr 28, 2015, Bradley J Holiday (SEVP, CFO) sold 59,518 shares at 10.05 per share price.On Apr 21, 2015, Alan Hocknell (SVP, Research & Development) sold 70,950 shares at 9.95 per share price.

Callaway Golf Company (NYSE:ELY) witnessed a decline in the market cap on Wednesday as its shares dropped 1.33% or 0.14 points. After the session commenced at $10.51, the stock reached the higher end at $10.52 while it hit a low of $10.33. With the volume soaring to 656,302 shares, the last trade was called at $10.38. The company has a 52-week high of $12.56. The company has a market cap of $977 million and there are 94,112,834 shares in outstanding. The 52-week low of the share price is $8.33.

Callaway Golf Company is designs, develops, manufactures and markets high quality, innovative golf clubs. The Companys golf clubs are sold at premium prices to both average and skilled golfers on the basis of performance, ease of use and appearance.



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