FAIRHAVEN, Mass. (AP) _ Acushnet Holdings Corp. (GOLF) on Tuesday reported a fourth-quarter loss of $26.4 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Fairhaven, Massachusetts-based company said it had a loss of 36 cents.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.

The golf products maker posted revenue of $420.6 million in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $381.7 million.

For the year, the company reported profit of $178.9 million, or $2.38 per share. Revenue was reported as $2.15 billion.

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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