Topgolf Callaway Brands (NYSE:MODG) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Topgolf Callaway Brands beat estimated earnings by 6.25%, reporting an EPS of $0.17 versus an estimate of $0.16.
Revenue was up $127.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.11 which was followed by a 2.61% drop in the share price the next day.
Here’s a look at Topgolf Callaway Brands’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.16 | 0.18 | 0.42 | 0.24 |
| EPS Actual | -0.27 | 0.23 | 0.47 | 0.36 |
| Revenue Estimate | 840.42M | 950.55M | 1.10B | 1.02B |
| Revenue Actual | 851.30M | 988.50M | 1.12B | 1.04B |
To track all earnings releases for Topgolf Callaway Brands visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
