Amer Sports Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
25 Feb
Amer Sports Inc reports results for the quarter ended December 31 - Earnings Summary
  • Amer Sports Inc AS.N reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -8 cents. The mean expectation of eleven analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 15 cents to 20 cents per share.

  • Revenue rose 24.4% to $1.64 billion from a year ago; analysts expected $1.60 billion.

  • Amer Sports Inc's reported EPS for the quarter was 3 cents​.

  • The company reported quarterly net income of $15.4 million.

  • Amer Sports Inc shares had risen by 2.3% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 4.7% in the last three months.​

  • In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the miscellaneous specialty retailers peer group is also "buy"

Wall Street's median 12-month price target for Amer Sports Inc is $30.50

This summary was machine generated from LSEG data February 25 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.17

0.17

Met

Sep. 30 2024

0.10

0.14

Beat

Jun. 30 2024

-0.06

0.05

Beat

Mar. 31 2024

0.02

0.08

Beat

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