ELY --- turning corner?? bottom channel now!
Updated
ELY --- turning corner?? bottom channel now! --- Today is the DAY for the Earning Report ---- If its favourable - then the stock should shoot up tomorrow with decent gains... as it is currently at the bottom of a DAILY channnel. We see it here in the 2HR window charting pattern. Only positive news is projected --- BUT we shall see in the report this afternoon. IMO. Lets watch......
Callaway Golf Company
ELY up this morning --- at 2.03% --- ELY is estimated to post quarterly loss at $0.24 per share on revenue of $305.30 million. Will it be a surpise and beat it...on the report?
In the same quarter last year, Callaway Golf reported a loss per share of 32 cents on sales of $180.68 million. The analyst consensus estimate would represent a 25% increase in the company's earnings. Good news.
Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts only of the markets. Thank you.
Callaway Golf Company
ELY up this morning --- at 2.03% --- ELY is estimated to post quarterly loss at $0.24 per share on revenue of $305.30 million. Will it be a surpise and beat it...on the report?
In the same quarter last year, Callaway Golf reported a loss per share of 32 cents on sales of $180.68 million. The analyst consensus estimate would represent a 25% increase in the company's earnings. Good news.
Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts only of the markets. Thank you.
Note
Lets see what the reports say today!!recent Analyst Price Target on ELY
$27.00
▲ (25 - 31.32% Upside)
Based on 3 analysts offering 12 month price targets for Callaway Golf in the last 3 months. The average price target is $27.00 with a high forecast of $30.00 and a low forecast of $25.00. The average price target represents a 31.32% increase from the last price of $20.56.
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