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Stock impact report

Topgolf Callaway Earnings: What To Look For From MODG [Yahoo! Finance]

Bowlero Corp. Class A (BOWL) 
Company Research Source: Yahoo! Finance
Topgolf Callaway missed analysts' revenue expectations by 2.8% last quarter, reporting revenues of $1.16 billion, down 1.9% year on year. It was a softer quarter for the company, with underwhelming earnings guidance for the full year and revenue guidance for next quarter missing analysts' expectations. Is Topgolf Callaway a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Topgolf Callaway's revenue to decline 5.6% year on year to $981.8 million, a reversal from the 5.3% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.16 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Topgolf Callaway has missed Wall Street's revenue estimates four times over the last two years. Looking at Topgolf Callaway's peers in the leisure facilities seg Show less Read more
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