Rock Ishii Joins Callaway Golf Ball R&D
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FBR Capital Reiterates Outperform on Callaway Golf (ELY) Following 3Q Beat
November 4, 2016 7:45 AM EDTFBR Capital reiterated an Outperform rating and $12.00 price target on Callaway Golf (NYSE: ELY) following the company's 3Q earnings report. ELY reported a 3Q16 EPS beat of ($0.06) versus consensus of ($0.12). The results reflect revenue growth of +6.9% versus consensus of +0.1%. The revenue beat was driven by the Japan apparel joint venture, golf balls (+11.6% versus consensus of... More
