Acushnet Holdings reports Q3 EPS 81c, consensus 87c

Reports Q3 revenue $657.7M, consensus $632.73M. “Acushnet delivered strong Q3 results, with constant currency net sales up 5% and adjusted EBITDA increasing by 10%. All reportable segments posted gains during the quarter, led by Titleist golf equipment with healthy demand for Titleist golf balls and the successful launch of our new T-Series irons,” said David Maher, Acushnet’s President and CEO.