Acushnet: Q2 Earnings Snapshot

August 4, 2022 GMT

FAIRHAVEN, Mass. (AP) _ Acushnet Holdings Corp. (GOLF) on Thursday reported second-quarter profit of $68.5 million.

The Fairhaven, Massachusetts-based company said it had net income of 91 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.

The golf products maker posted revenue of $658.6 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $588.2 million.

Acushnet expects full-year revenue in the range of $2.2 billion to $2.25 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOLF at https://www.zacks.com/ap/GOLF