Shares of Acushnet Holdings Corp. (NYSE: GOLF) tumbled 5.08% in pre-market trading on Thursday following the release of the company's second-quarter 2025 financial results. The golf equipment manufacturer reported earnings that fell short of analyst expectations, despite a slight beat on revenue.
Acushnet posted quarterly earnings of $1.25 per share, representing a 12.61% increase from $1.11 per share in the same period last year. However, this figure missed the analyst consensus estimate of $1.32 by 5.16%. The earnings shortfall appears to be the primary driver behind the stock's sharp decline.
On a more positive note, the company reported quarterly sales of $720.476 million, narrowly beating the analyst consensus estimate of $717.386 million by 0.43%. This marks a 5.35% increase over sales of $683.867 million in the same quarter of the previous year. Despite the revenue beat, investors seem to be focusing on the bottom-line miss, as reflected in the stock's pre-market performance.