Topgolf Callaway Brands Corp. (NYSE:MODG) Q3 2024 Earnings Call Transcript
Q3 2024 Earnings Call Transcript November 12, 2024 Operator: Good day, and welcome to the Topgolf Callaway Brands’ Third Quarter 2024 Conference Call. [Operator Instructions] Please note that this event is being recorded.
Topgolf Callaway to Report Q3 Earnings: Things to Keep in Mind
Topgolf Callaway Brands Corp. Quote The consensus mark for revenues is pegged at $981.3 million, implying a decrease of 5.7% from the year-ago quarter’s reported figure. Topgolf Callaway's third-quarter 2024 revenues and earnings are expected to have declined year over year due to slowing consumer activity and macroeconomic challenges.
Callaway Revenues Beat Q3 Estimates Despite Flattish Sales from Topgolf and Equipment
Topgolf Callaway Brands Corp. posted net revenue of $1.01 billion in the third quarter, a 2.7 percent decrease year-over-year, which was said to be primarily driven by an 11.1 percent decrease in Active Lifestyle and partially offset by revenue growth at Topgolf of 1.2 percent. Golf Equipment revenues were flat for the period.
A Peek at Topgolf Callaway Brands's Future Earnings
Topgolf Callaway Brands ranks in the middle among peers for consensus rating. It is at the bottom for revenue growth and gross profit, while it is at the top for return on equity.
Topgolf Callaway Brands Corp (MODG) Q3 2024 Earnings Call Highlights: Navigating Challenges ...
Despite a dip in same venue sales, Topgolf Callaway Brands Corp (MODG) focuses on digital efforts and new game offerings to drive future growth.
Topgolf Callaway Brands Exceeds Q3 Expectations
Topgolf Callaway Brands Corp. ( (MODG) ) has released its Q3 earnings. Here is a breakdown of the information Topgolf Callaway Brands Corp.
Topgolf Callaway Brands (MODG) Q3 2024 Earnings Call Transcript
Welcome to Topgolf Callaway Brands' third quarter earnings conference call. I'm Katina Metzidakis, the company's vice president
Compared to Estimates, Topgolf Callaway (MODG) Q3 Earnings: A Look at Key Metrics
For the quarter ended September 2024, Topgolf Callaway Brands (MODG) reported revenue of $1.01 billion, down 2.7% over the same period last year. EPS came in at $0.02, compared to $0.20 in the year-ago quarter.
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Roth MKM Keeps Their Buy Rating on Topgolf Callaway Brands (MODG)
Roth MKM analyst George Kelly reiterated a Buy rating on Topgolf Callaway Brands (MODG – Research Report) today and set a price target of $16.00. The company’s shares closed yesterday at $8.57.
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Topgolf Callaway gives up gains as sales guidance and venue outlook weighs
Topgolf Callaway Brands (NYSE:MODG) has surrendered Tuesday’s late gains and shares have dipped into the red as investors ...
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Exclusive New Topgolf Sonic the Hedgehog(TM) Game to Launch at all Topgolf Venues Across the U.S.
Topgolf meets the fast-paced action of Sonic in the new in-venue game, as super fans of all skill levels go head-to-head in iconic virtual Sonic environments, Green Hill Zone and Sky Sanctuary, to ...
Topgolf Callaway Faces Challenges with Declining Sales and Uncertain Recovery Amid Market Headwinds
Analyst Megan Alexander from Morgan Stanley maintained a Sell rating on Topgolf Callaway Brands (MODG – Research Report) and decreased ...
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Topgolf Callaway (NYSE:MODG) Surprises With Q3 Sales
Golf entertainment and gear company Topgolf Callaway (NYSE:MODG) reported revenue ahead of Wall Street’s expectations in ...
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Topgolf Callaway: EBITDA Beats Guidance
Active Lifestyle segment revenue declined by 11.1%, impacting the full-year outlook. Topgolf Callaway reported ...