CARLSBAD, Calif. (AP) _ Callaway Golf Co. (ELY) on Thursday reported second-quarter earnings of $60.9 million.

The Carlsbad, California-based company said it had profit of 63 cents per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.

The maker of golf equipment and accessories posted revenue of $396.3 million in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $370.9 million.

For the current quarter ending in October, Callaway said it expects revenue in the range of $243 million to $253 million.

The company expects full-year earnings to be 95 cents to $1 per share, with revenue ranging from $1.21 billion to $1.23 billion.

Callaway shares have risen 41 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $19.61, an increase of 56 percent in the last 12 months.

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