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Non-Tech : Callaway Golf -- it's a buy
ELY 21.33-2.8%Sep 6 5:00 PM EST

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To: Mark T. Heath who wrote (144)6/3/1998 10:01:00 AM
From: Don Dorsey  Read Replies (1) of 307
 
ESTIMATE CHANGES FOR THE FISCAL YEAR ENDING DECEMBER 1998
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Jun. 1 -- ABN-AMRO Chicago Corp. lowered the estimated earnings per share of
Callaway Golf Co. for the fiscal year ending December 1998 to
$1.20 from $1.40.

> ZACKS >> The Zacks consensus estimate, for the fiscal year ending December
1998 is $1.43. The consensus drawn from estimates made over the
past 30 days is $1.31.

ESTIMATE CHANGES FOR THE FISCAL YEAR ENDING DECEMBER 1999
-----------------------------------------------------------------------------
Jun. 1 -- ABN-AMRO Chicago Corp. lowered the estimated earnings per share of
Callaway Golf Co. for the fiscal year ending December 1999 to
$1.80 from $2.00.

> ZACKS >> The Zacks consensus estimate, for the fiscal year ending December
1999 is $1.88. The consensus drawn from estimates made over the
past 30 days is $1.81.

ESTIMATE CHANGES FOR THE QUARTER ENDING JUNE 1998
-----------------------------------------------------------------------------
Jun. 1 -- ABN-AMRO Chicago Corp. lowered the estimated earnings per share of
Callaway Golf Co. for the quarter ending June 1998 to 30 cents
from 35 cents.

> ZACKS >> The Zacks consensus estimate, for the quarter ending June 1998 is
38 cents. The consensus drawn from estimates made over the past
30 days is 33 cents.

ESTIMATE CHANGES FOR THE QUARTER ENDING SEPTEMBER 1998
-----------------------------------------------------------------------------
Jun. 1 -- ABN-AMRO Chicago Corp. lowered the estimated earnings per share of
Callaway Golf Co. for the quarter ending September 1998 to 49
cents from 56 cents.

> ZACKS >> The Zacks consensus estimate, for the quarter ending September
1998 is 52 cents. The consensus drawn from estimates made over
the past 30 days is 48 cents.

All estimates and earnings are for continuing operations diluted EPS.
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