Callaway Golf expects 2008 profit growth of more than 20 percent
CARLSBAD, Calif. (AP) -- High-end golf club maker Callaway Golf Co. said Thursday its profit will likely grow between 21 percent and 33 percent this year.
The company said it expects earnings per share, excluding charges or gains, between $1.08 and $1.18.
Analysts polled by Thomson Financial expect earnings of $1.15 per share for the year.
Callaway predicted its sales will be between about $1.15 billion and $1.17 billion. Analysts expect revenue of about $1.15 billion.
Copyright 2008 Associated Press. All rights reserved.
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