Topgolf Callaway Brands reported $1.16 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 1.9%. EPS of $0.42 for the same period compares to $0.39 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.19 billion, representing a surprise of -2.67%. The company delivered an EPS surprise of +50.00%, with the consensus EPS estimate being $0.28.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Topgolf Callaway performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Net Revenues- Active Lifestyle

  : $249.60 million compared to the $243.73 million average estimate based on eight analysts.

• Net Revenues- Golf Equipment

  : $413.80 million compared to the $433.06 million average estimate based on eight analysts.

• Net Revenues- Topgolf

  : $494.40 million versus the eight-analyst average estimate of $514.70 million.

• Net Revenues by Category- Golf Clubs

  : $310.20 million versus the seven-analyst average estimate of $318.52 million.

• Net Revenues by Category- Topgolf other business lines

  : $20.70 million compared to the $18.73 million average estimate based on seven analysts.

• Net Revenues by Category- Golf Balls

  : $103.60 million compared to the $113.55 million average estimate based on seven analysts.

• Net Revenues by Category- Venues

  : $473.70 million compared to the $498.07 million average estimate based on seven analysts.

• Net Revenues by Category- Apparel

  : $145 million compared to the $131.31 million average estimate based on six analysts.

• Net Revenues by Category- Gear, Accessories & Other

  : $104.60 million versus $111.15 million estimated by six analysts on average.

• Net Revenues- Products

  : $668.50 million compared to the $671.98 million average estimate based on four analysts.

• Net Revenues- Services

  : $489.30 million versus the four-analyst average estimate of $517.47 million.

• Operating income (loss)- Golf Equipment

  : $77.40 million versus the six-analyst average estimate of $88.56 million.

View all Key Company Metrics for Topgolf Callaway here>>>

Shares of Topgolf Callaway have returned -0.4% over the past month versus the Zacks S&P 500 composite's -5.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.