Golf entertainment and gear company Topgolf Callaway (NYSEMODG) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 3% year on year to $924.4 million. On the other hand, next quarter’s revenue guidance of $1.06 billion was less impressive, coming in 9% below analysts’ estimates. Its non-GAAP loss of $0.33 per share was 21% above analysts’ consensus estimates.
Golf entertainment and gear company Topgolf Callaway (NYSEMODG)
will be announcing earnings results tomorrow after the bell. Here’s what you need to know.
Looking back on leisure facilities stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Topgolf Callaway (NYSEMODG) and its peers.
Shares of golf entertainment and gear company Topgolf Callaway (NYSEMODG)
jumped 14.4% in the morning session after Jefferies analyst Randal Konik upgraded the stock's rating from Hold to Buy and raised the price target from $11 to $13. The new price target implied a potential 65% upside from where shares traded before the upgrade was announced.
Let’s dig into the relative performance of European Wax Center (NASDAQEWCZ) and its peers as we unravel the now-completed Q3 leisure facilities earnings season.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Life Time (NYSELTH) and its peers.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the leisure facilities stocks, including United Parks & Resorts (NYSEPRKS) and its peers.
Golf entertainment and gear company Topgolf Callaway (NYSEMODG) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, but sales fell 2.7% year on year to $1.01 billion. On the other hand, next quarter’s revenue guidance of $885 million was less impressive, coming in 4.5% below analysts’ estimates. Its non-GAAP profit of $0.02 per share was also 112% above analysts’ consensus estimates.
