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Callaway Golf Non-GAAP EPS of $0.47 beats by $0.05, revenue of $1.12B beats by $20M

  • Callaway Golf press release (NYSE:ELY): Q2 Non-GAAP EPS of $0.47 beats by $0.05.
  • Revenue of $1.12B (+22.5% Y/Y) beats by $20M.
  • FULL YEAR 2022 OUTLOOK:
  • Increased full year 2022 revenue outlook to $3,945 million - $3,970 million. Prior forecast $3,935M - $3,970M. Consensus Revenue Estimate for 2022 is $3.95B.
  • Raised Adjusted EBITDA outlook to $555 million - $565 million. Prior $535M - $555M.
  • SECOND HALF 2022 OUTLOOK:
  • Net Revenues $1,790M - $1,815M.
  • Adjusted EBITDA $178M - $188M.

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