Edition:
United Kingdom

Callaway Golf Co reports Q3 earnings per share $0.03


Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Callaway Golf Co :Callaway Golf Company announces third quarter 2017 financial results including a 30% increase in net sales; Callaway increases full year net sales and earnings guidance.Q3 earnings per share $0.03.Q3 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.Sees FY 2017 non-GAAP earnings per share $0.47 to $0.51.Callaway Golf Co - ‍in Q3 of 2017, as compared to same period in 2016, company's net sales increased $56 million to $244 million​.Sees FY 2017 sales $1.03 billion to $1.04 billion.Callaway Golf Co - ‍Q3 2017 net sales of $244 million, a 30% increase compared to Q3 of 2016​.Q3 revenue view $209.9 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $0.44, revenue view $1.00 billion -- Thomson Reuters I/B/E/S.Callaway Golf - ‍ estimates changes in foreign currency rates to adversely affect projected 2017 net sales by about $10 million as compared to 2016 rates​.Callaway Golf Co - ‍currently estimates that its 2017 gross margin will be in-line with prior estimate​.Callaway Golf Co sees ‍2017 earnings per share $0.39 - $0.43​.