Acushnet Holdings Corp. Announces Fourth-Quarter and Full Year 2016 Financial Results

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Acushnet (GOLF) Misses Q4 EPS by 4c

March 22, 2017 6:53 AM EDT

Acushnet (NYSE: GOLF) reported Q4 net loss of $0.2 million, up $20.3 million year over year. Revenue for the quarter came in at $329.8 million versus the consensus estimate of $320.31 million.

GUIDANCE:

Acushnet sees FY2017 revenue of $1.565-1.595 billion, versus the consensus of $1.58... More