Callaway Golf (ELY) Tops Q1 EPS by 5c

Callaway Golf (NYSE: ELY) reported Q1 EPS of $0.27, $0.05 better than the analyst estimate of $0.22. Revenue for the quarter came in at $309 million versus the consensus estimate of $283.56 million.

Full year 2017 sales guidance increased by $45 - $50 million to $960 - $980 million, compared to prior guidance of $910 - $935 million.

Full year 2017 non-GAAP earnings per share guidance increased $0.10 per share to $0.31 - $0.37, compared to prior guidance of $0.21 - $0.27. The non-GAAP guidance excludes the non-recurring OGIO expenses.

For earnings history and earnings-related data on Callaway Golf (ELY) click here.

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