Topgolf Callaway Brands: Q1 Earnings Insights

Topgolf Callaway Brands 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.

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.

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.

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