Company Name or Ticker Symbol
Search for other Categories
Callaway Golf Co  (ELY)
Other Ticker:  
    Sector  Consumer Discretionary    Industry Recreational Products


Earnings Fell Despite Strong Sales

decrease font size NEWS BETA Increase font size

Callaway Golf Co announced first quarter 2017 operating income of $44.207 millions

Callaway Golf Co faced contraction in eps, despite strong ornbsp; segment results and overall Sales growth in the first quarter 2017, income dropped by -32.5 % to $0.27 per share, while Sales increased in double digits by 12.73 % to $309 millions, from the same quarter a year ago.

From forth quarter 2016, eps dropped by -78.54 % from $1.26 per share and Sales surged by 88.72 % from $164 millions.

Net income of $26 millions in the first quarter 2017 fell by -32.59 % from $38 millions in the corresponding period a year before. Callaway Golf Co shifted it's focus on improving sales in the first quarter 2017, as a result net margin eased to 8.38%.

Callaway Golf Co is expected to report next financial results on August 01, 2017.
Other ELY's Earnings Reports

Callaway Golf Co reported forth quarter 2016 earnings

Callaway Golf Co reported third quarter 2016 earnings

Callaway Golf Co reported second quarter 2016 earnings

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.  Free Stock Market News Feeds
   Copyright © 2017 CSIMarket, Inc. All rights reserved. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)
Intraday Data provided by Barchart and subject to terms of use. To view Intraday Stock Data Java must be installed. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. Stock Price, historical and current end-of-day data provided by eoddata. Intraday data delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Barchart and Eoddata. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com