• On Holding AG ONON.N reported quarterly adjusted earnings of 36 rappen​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -6 rappen. The mean expectation of eighteen analysts for the quarter was for earnings of 17 rappen per share. Wall Street expected results to range from 5 rappen to 28 rappen per share.

• Revenue rose 35.7% to CHF606.60 million from a year ago; analysts expected CHF593.86 million.

• On Holding AG's reported EPS for the quarter was 3 rappen​.

• The company reported quarterly net income of CHF89.5 million.

• On Holding AG shares had fallen by 12.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.5% 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 23 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the footwear peer group is also "buy"

Wall Street's median 12-month price target for On Holding AG is $63.54

This summary was machine generated from LSEG data March 4 at 03:09 p.m. UTC. ​All figures in Swiss francs 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)