Callaway Golf (NYSE: ELY ) is expected to report Q1 earnings on April 25. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Callaway Golf's revenues will shrink -0.6% and EPS will grow 16.7%.
The average estimate for revenue is $283.4 million. On the bottom line, the average EPS estimate is $0.21.
Last quarter, Callaway Golf logged revenue of $117.9 million. GAAP reported sales were 22% lower than the prior-year quarter's $153.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.49. GAAP EPS of -$1.01 were the same as the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 14.4%, 110 basis points better than the prior-year quarter. Operating margin was -59.8%, much worse than the prior-year quarter. Net margin was -59.0%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $848.1 million. The average EPS estimate is $0.00.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 230 members out of 279 rating the stock outperform, and 49 members rating it underperform. Among 64 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 56 give Callaway Golf a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Callaway Golf is outperform, with an average price target of $8.10.
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