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Stock Market & Financial Investment News

News Breaks
January 30, 2013
16:22 EDTELYCallaway Golf reports Q4 adjusted EPS (49c), consensus (49c)
Reports Q4 revenue $117.9M, consensus $124.08M
News For ELY From The Last 14 Days
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December 15, 2014
16:26 EDTELYCallaway Golf sees FY15 EPS breakeven if current forex rates persist
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16:25 EDTELYCallaway Golf sees FY15 EPS to grow nearly 100% on constant currency basis
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16:22 EDTELYCallaway Golf raises FY14 EPS view to 17c-19c from 15c-18c, consensus 18c
FY14 net sales continue to be estimated at approximately $890M, consensus $891.25M. Gross margins are currently estimated to be approximately 40.5%, compared to gross margins of 37.3% in 2013. This anticipated improvement in 2014 is expected to result from improved operating efficiencies, improved pricing and mix of product sales, and the decrease in charges related to the cost-reduction initiatives. The company previously had estimated 2014 gross margins of 41.0%. The slight change in estimate includes the limited effect of the unfavorable changes in foreign currency rates.

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