Acushnet (GOLF) Lags Q2 Earnings and Revenue Estimates

Acushnet (GOLF) came out with quarterly earnings of $1.11 per share, missing the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -5.93%. A quarter ago, it was expected that this golf products maker would post earnings of $1.24 per share when it actually produced earnings of $1.43, delivering a surprise of 15.32%. Over the last four quarters, the co ...