Picture of Amer Sports logo

AS Amer Sports News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsAdventurousLarge CapHigh Flyer

Amer Sports Inc reports results for the quarter ended June 30 - Earnings Summary

Amer Sports Inc AS.N reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 5 cents.  The mean expectation of ten analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 1 cents to 4 cents per share.

Revenue rose 24.4% to $1.24 billion from a year ago; analysts expected $1.18 billion.

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

The company reported quarterly net income of $18.2 million.

Amer Sports Inc shares had fallen by 3.3% this quarter and gained 34.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 35.2% 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 16 "strong buy" or "buy," 4 "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 $43.00, about 12.8% above its last closing price of $37.50

This summary was machine generated from LSEG data August 19 at 01:30 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.030.06Beat
Mar. 31 20250.150.27Beat
Dec. 31 20240.170.17Met
Sep. 30 20240.100.14Beat

Recent news on Amer Sports

See all news