FAIRHAVEN, Mass. (AP) — FAIRHAVEN, Mass. (AP) — Acushnet Holdings Corp. (GOLF) on Thursday reported second-quarter earnings of $124.8 million.
The Fairhaven, Massachusetts-based company said it had profit of $2.08 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.
The golf products maker posted revenue of $820 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $786.9 million.
Acushnet expects full-year revenue in the range of $2.65 billion to $2.68 billion.
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