FBR Capital Reiterates Outperform on Callaway Golf (ELY) Following 3Q Beat
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Callaway Golf (ELY) PT, Estimates Raised at Jefferies Following Another Solid Qtr
November 4, 2016 8:39 AM EDTJefferies analyst Randal Konik raised estimates and his price target on Callaway Golf (NYSE: ELY) to $16.00 (from $14.00) following another solid quarter. The firm maintained a Buy rating.
Konik commented, "ELY's 3Q reaffirms our thesis that the company continues to gain share despite a mixed... More
Callaway Golf (ELY) Tops Q3 EPS by 6c; Raises Outlook
November 3, 2016 4:23 PM EDTCallaway Golf (NYSE: ELY) reported Q3 EPS of ($0.06), $0.06 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $188 million versus the consensus estimate of $177.39 million.
GUIDANCE:
Callaway Golf sees FY2016 EPS of $0.50-$0.54, versus prior guidance of $0.40-$0.50 and the consensus of $0.44. Callaway Golf sees FY2016 revenue of $870-880 million, versus the consensus of $869.56 million.
"We were pleased to see our continued momentum in the marketplace in the third quarter," commented Chip Brewer,... More
Trading Radar for 11/3: GoPro (GPRO), Chesapeake (CHK), Activision (ATVI), Fossil (FOSL), Starbucks (SBUX) Report
November 2, 2016 2:08 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
3D Systems (NYSE: DDD) - consensus EPS $0.09
AAC Holdings (NYSE: AAC) - no Street consensus
ACI Worldwide, Inc. (Nasdaq: ACIW) - consensus EPS $0.14
AMAG Pharma... More
