On Holding AG expected to post earnings of 14 rappen a share - Earnings Preview

On Holding AG

10/05/2024 15:33

* On Holding AG  ONON.N   ONON.K  is expected to show a rise
in
quarterly revenue when it reports  results on May 14 for the
period ending March 31 2024
    * The Zurich Zuerich-based  company is expected to report a
18.3% increase in revenue to CHF497.163 million from CHF420.2
million a year ago, according to the mean estimate from 16
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for On Holding AG is for
earnings
of 14 rappen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 4.2%
in the last three months. ​
    * Wall Street's median 12-month price target for On Holding
AG is
$38.00​, above​ its last closing price of $31.30. ​​​

Previous quarterly performance (using preferred earnings measure
in Swiss francs). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.13        0.11       -0.06     Missed  -153.3
 Sep. 30 0001  0.15        0.15       0.22      Beat    50.9
 Jun. 30 2023              0.11                         ​
 Mar. 31 2023  0.09        0.09       0.17      Beat    96.7
 ​​Jan.        0.01        0.01       0.02      Beat    48.8
 1 0001                                                 
 Sep. 30 2022  0.11        0.11       0.08      Missed  -24.8​
 Jun. 30 2022  0.03        0.03       0.15      Beat    480.7
 Mar. 31 2022  -0.05       -0.05      0.06      Beat    226.3
 This summary was machine generated May 10 at 14:33 GMT.  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)