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Callaway Golf Co  (ELY)
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    Sector  Consumer Discretionary    Industry Recreational Products
 
 

EARNINGS REPORT by CSIMarket

Despite Very Strong Sales EPS Fell


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Callaway Golf Co announced second quarter 2017 operating income of $49.045 millions



Callaway Golf Co announced earnings per share of $0.33 and Sales of $309 millions in the second quarter 2017, Company's earnings decreased by -8.33 % per share, versus $0.36 eps, earned in the same quarter a year ago, although Callaway Golf Co saw it's Sales rise by 24 % in the same period.

Sequentially earnings grew by 22.22 % from $0.27 per share and Sales decreased by -1.42 % from $309 millions.

Net income of $31 millions in the second quarter 2017 fell by -7.71 % from $34 millions in the corresponding period a year before. Callaway Golf Co shifted it's focus on improving sales in the second quarter 2017, as a result net margin eased to 10.33%.


Callaway Golf Co is expected to report next financial results on October 31, 2017.
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