Acushnet: Q2 Earnings Snapshot

FAIRHAVEN, Mass. (AP) — FAIRHAVEN, Mass. (AP) — Acushnet Holdings Corp. (GOLF) on Thursday reported second-quarter earnings of $124.8 million.

The Fairhaven, Massachusetts-based company said it had profit of $2.08 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.

The golf products maker posted revenue of $820 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $786.9 million.

Acushnet expects full-year revenue in the range of $2.65 billion to $2.68 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOLF at https://www.zacks.com/ap/GOLF