FAIRHAVEN, Mass. (AP) — FAIRHAVEN, Mass. (AP) — Acushnet Holdings Corp. (GOLF) on Thursday reported second-quarter earnings of $75.6 million.
The Fairhaven, Massachusetts-based company said it had profit of $1.25 per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
The golf products maker posted revenue of $720.5 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $713.5 million.
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