ELY Stock Recent News

The average of price targets set by Wall Street analysts indicates a potential upside of 73.2% in Callaway (ELY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

It's more than just a golf equipment company now.

Great earnings are pushing at least one stock higher this week.

Callaway is an industry leader in golf equipment, apparel, and family entertainment. ELY had a strong start to FY22, with Q1 earnings having an EPS beat of 33%.

Callaway Golf Co's (NYSE: ELY) reported strong earnings after the close Tuesday and raised guidance on strong demand for golf equipment, as well as strong growth of its Top Golf business line. Top Golf is an interactive driving range experience that allows guests to enjoy food, beer and music.

Callaway Golf Company (NYSE:ELY ) Q1 2022 Earnings Conference Call May 10, 2022 5:00 PM ET Company Representatives Chip Brewer - President, Chief Executive Officer Brian Lynch - Chief Financial Officer Patrick Burke - SVP of Global Finance Jennifer Thomas - Chief Accounting Officer Lauren Scott - Director of Investor Relations Conference Call Participants Randy Konik - Jefferies Daniel Imbro - Stephens Kevin Heenan - JP Morgan Michael Swartz - Truist Susan Anderson - B. Riley Rudy Yang - Berenberg Krista Zuber - Cowen Joe Altobello - Raymond James Casey Alexander - Compass Point Operator Good day!

Callaway (ELY) delivered earnings and revenue surprises of 50% and 0.01%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Callaway (ELY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.