Acushnet's Q1 Earnings Rise, Revenue Falls

MT Newswires Live

05/07

Acushnet (GOLF) reported Q1 earnings Wednesday of $1.62 per diluted share, up from $1.35 a year earlier.

Analysts polled by FactSet expected $1.32.

Revenue for the quarter ended March 31 was $703.4 million compared with $707.6 million a year earlier.

Analysts surveyed by FactSet expected $697.8 million.

Amid ongoing macroeconomic uncertainty, the company said it has not updated its previously issued full-year consolidated outlook.

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