Acushnet Holdings Corp. (GOLF) (GOLF) announced Loss for fourth quarter that decreased from last year but missed the Street estimates.
The company's earnings totaled -$1.1 million, or -$0.02 per share. This compares with -$26.8 million, or -$0.41 per share, last year.
Analysts on average had expected the company to earn $1.56 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.8% to $445.2 million from $412.9 million last year.
Acushnet Holdings Corp. (GOLF) earnings at a glance (GAAP) :
-Earnings: -$1.1 Mln. vs. -$26.8 Mln. last year.
-EPS: -$0.02 vs. -$0.41 last year.
-Revenue: $445.2 Mln vs. $412.9 Mln last year.
For comments and feedback: editorial@rttnews.com