Topgolf Callaway Brands (US:MODG) ZACKS·2025-11-07 00:01Core Insights - Topgolf Callaway Brands reported a quarterly loss of $0.05 per share, significantly better than the Zacks Consensus Estimate of a loss of $0.21, representing an earnings surprise of +76.19% [1] - The company achieved revenues of $934 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 2.67%, although this is a decline from $1.01 billion in the same quarter last year [2] - The stock has increased approximately 17.8% year-to-date, outperforming the S&P 500's gain of 15.6% [3] Earnings Outlook - The future performance of Topgolf Callaway's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4] - The current consensus EPS estimate for the upcoming quarter is -$0.48 on revenues of $792.32 million, and -$0.34 on revenues of $3.9 billion for the current fiscal year [7] Industry Context - The Leisure and Recreation Products industry, to which Topgolf Callaway belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked using tools like the Zacks Rank [5][6]