FAIRHAVEN, Mass. (AP) _ Acushnet Holdings Corp. (GOLF) on Thursday reported first-quarter profit of $81 million.

On a per-share basis, the Fairhaven, Massachusetts-based company said it had profit of $1.10.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.

The golf products maker posted revenue of $606.1 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $566.7 million.

Acushnet expects full-year revenue in the range of $2.17 billion to $2.23 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOLF at https://www.zacks.com/ap/GOLF

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