Topgolf Callaway Brands (NYSE:CALY) Releases Earnings Results, Beats Expectations By $0.04 EPS

Posted by Brian Himes on Aug 4th, 2026

Topgolf Callaway Brands (NYSE:CALY – Get Free Report) released its earnings results on Tuesday. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04, Zacks reports. Topgolf Callaway Brands had a return on equity of 4.44% and a net margin of 1.05%.

Topgolf Callaway Brands Stock Performance

CALY traded up $0.45 during trading hours on Tuesday, reaching $19.54. The company’s stock had a trading volume of 2,970,873 shares, compared to its average volume of 2,753,654. Topgolf Callaway Brands has a 52 week low of $8.00 and a 52 week high of $20.28. The company’s 50-day simple moving average is $17.64. The company has a current ratio of 2.28, a quick ratio of 1.44 and a debt-to-equity ratio of 0.07. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 139.55 and a beta of 0.92.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Weiss Ratings raised Topgolf Callaway Brands from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Truist Financial increased their price objective on Topgolf Callaway Brands to $19.00 and gave the company a “buy” rating in a report on Monday, June 15th. Wall Street Zen upgraded shares of Topgolf Callaway Brands from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. JPMorgan Chase & Co. upped their price target on shares of Topgolf Callaway Brands to $18.00 and gave the stock a “neutral” rating in a research report on Thursday, June 11th. Finally, Zacks Research upgraded shares of Topgolf Callaway Brands from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.25.

Get Our Latest Stock Report on CALY

Topgolf Callaway Brands Company Profile

(Get Free Report)

Topgolf Callaway Brands plc (NYSE: MODG) is a leading global sports and entertainment company formed through the merger of Callaway Golf Company and Topgolf Entertainment Group in July 2022. The company combines Callaway’s heritage in golf equipment design and manufacturing with Topgolf’s innovative, technology-driven entertainment venues. Topgolf Callaway Brands serves a diverse audience of golf enthusiasts, casual players and social visitors, offering experiences that span both competitive sport and leisure activities.

Under the Callaway Golf brand, the company develops and markets a broad portfolio of premium golf clubs, balls, accessories and apparel.