If you have inserted a callout into a presentation and applied an animation to the callout, you may find that the callout displays prior to the animation you applied to the callout. The text will animate correctly. This issue is caused by applying the animation to the text in the callout rather than the callout itself. While it will animate correctly in PowerPoint, Presenter reads that only the text has animation applied. To resolve this issue, you need to remove the animation from the object and re-apply the animation making sure that you are applying it to the object and not the text.