Golf entertainment and gear company Topgolf Callaway (NYSE:MODG) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, but sales fell by 4.1% year on year to $1.11 billion. On the other hand, next quarter’s revenue guidance of $900 million was less impressive, coming in 4.3% below analysts’ estimates. Its non-GAAP profit of $0.24 per share was significantly above analysts’ consensus estimates.
Golf entertainment and gear company Topgolf Callaway (NYSE:MODG)
will be announcing earnings results this Wednesday after the bell. Here’s what to expect.
A number of stocks jumped in the afternoon session after markets rebounded following a sharp sell-off in the previous trading session as weaker-than-expected U.S. jobs data fueled investor hopes for a potential interest rate cut by the Federal Reserve.
A number of stocks fell in the afternoon session after the latest U.S. consumer confidence report revealed underlying weakness despite a headline increase, raising concerns about future spending.
Consumer discretionary businesses are levered to the highs and lows of economic cycles. Unfortunately, the industry’s recent performance suggests demand may be fading as
discretionary stocks have pulled back by 4.4% over the past six months. This drop was discouraging since the S&P 500 returned 4.1%.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Topgolf Callaway (NYSE:MODG) and the best and worst performers in the leisure facilities industry.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes.
This development triggered a significant decline in oil prices, easing inflation concerns.
These three consumer discretionary stocks have shown strong recent insider buying along with bullish analyst sentiment that supports a potential swing trade
Shares of golf entertainment and gear company Topgolf Callaway (NYSE:MODG)
jumped 15.2% in the afternoon session after Director Adebayo Ogunlesi announced he bought 383,700 shares valued at about $2.5 million. These transactions are often seen as a sign of leadership's belief in the company's strategic plan and potential for future growth.
Golf entertainment and gear company Topgolf Callaway (NYSE:MODG) exceeded the market’s revenue expectations in Q1 CY2025. Its non-GAAP profit of $0.11 per share was significantly above analysts’ consensus estimates.
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
