Topgolf Callaway (MODG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Topgolf Callaway Brands reported revenue of $924.4 million for the quarter ended December 2024, marking a year-over-year increase of 3% and exceeding the Zacks Consensus Estimate of $883.15 million by 4.67% [1] - The company experienced an EPS of -$0.33, which is a slight decline from -$0.30 a year ago, but it surpassed the consensus EPS estimate of -$0.40 by 17.50% [1] Revenue Performance by Category - Gear, Accessories & Other: $69.30 million, below the average estimate of $78.33 million, with a year-over-year decline of 9.8% [4] - Apparel: $191.30 million, exceeding the average estimate of $177.17 million, with a year-over-year increase of 5.2% [4] - Venues: $420 million, slightly above the average estimate of $401.59 million, with a year-over-year change of -0.5% [4] - Topgolf: $439 million, surpassing the average estimate of $419.97 million, with no change year-over-year [4] - Other business lines: $19 million, exceeding the average estimate of $18.37 million, with a year-over-year increase of 13.1% [4] - Golf Equipment: $224.80 million, above the average estimate of $207.17 million, with a year-over-year increase of 12.7% [4] - Active Lifestyle: $260.60 million, slightly above the average estimate of $255.50 million, with a year-over-year increase of 0.7% [4] - Golf Balls: $46 million, exceeding the average estimate of $45.17 million, with a year-over-year increase of 17.4% [4] - Golf Clubs: $178.80 million, above the average estimate of $162 million, with a year-over-year increase of 11.6% [4] - Services: $435.30 million, exceeding the average estimate of $418.11 million, with no change year-over-year [4] - Products: $489.10 million, above the average estimate of $461.58 million, with a year-over-year increase of 5.9% [4] Stock Performance - Over the past month, shares of Topgolf Callaway have returned -12.6%, compared to a -0.5% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]