Topgolf Callaway Brands Corp reports results for the quarter ended December 31 - Earnings Summary

• Topgolf Callaway Brands Corp MODG.N reported a quarterly adjusted loss of 33 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -30 cents. The mean expectation of twelve analysts for the quarter was for a loss of 42 cents per share. Wall Street expected results to range from -48 cents to -23 cents per share.

• Revenue rose 3% to $924.40 million from a year ago; analysts expected $884.48 million.

• Topgolf Callaway Brands Corp's reported EPS for the quarter was a loss of $8.23​.

• The company reported a quarterly loss of $1.51 billion.

• Topgolf Callaway Brands Corp shares had fallen by 10.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the recreational products peer group is "hold."

Wall Street's median 12-month price target for Topgolf Callaway Brands Corp is $13.00

This summary was machine generated from LSEG data February 25 at 01:00 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)